There’s a good chance that many adult children will have to get involved with their parents’ financial lives as they age. Yet, an overwhelming majority of adult children – 73% – have not had detailed conversations with their parents about their finances, according to a survey by GOBankingRates. One of the primary reasons why survey respondents said they haven’t had “the talk” yet with their parents is because they don’t know how to have the discussion.
Similar Posts
Estate Planning Tips for Florida Residents Facing Hurricane Risk
Hurricane season in Florida brings more than just storms, it can bring serious disruption to your life and property. While most people prepare by stocking supplies or securing their homes, protecting your estate plans is just as important. With the right steps, you can safeguard your legal documents, ensure your wishes are upheld, and protect…
3 Major Estate Planning Mistakes You Could Be Making Right Now
Estate planning is one of the most critical steps you can take to protect your loved ones and ensure your wishes are honored after you’re gone. Yet, many people unknowingly make mistakes in their estate plans that can lead to unnecessary complications, legal battles, or financial loss. Avoiding these common pitfalls can save your family…
