“What You Don’t Know About Your Parents’ Finances Could Ruin Yours”

What You Don’t Know About Your Parents’ Finances Could Ruin Yours,” by Jeff Rose, Forbes

“‘If you don’t take the time to talk to your parents about their finances, your own finances could take a hit,’ said Cameron Huddleston, author of the new book ‘Mom and Dad, We Need to Talk: How to Have Essential Conversations With Your Parents About Their Finances.’ Why? There’s a good chance you’ll have to get involved with your parents’ financial lives as they age, she said. That can affect your own financial well-being if you aren’t prepared for that role.”

 

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Sage advice.