Planning Checklist for A Money Conversation With an Aging Parent

Jan 15,2015

Planning Checklist for A Money Conversation With an Aging Parent

Even in the tightest of families, talking about money can make anyone nervous. If you’ve got an aging parent, though, it’s a wise idea to schedule a time to sit down and discuss critical issues with your loved one. asdasd

Come prepared with a list of what you’d like to discuss. This can help keep you on track and make sure that you accomplish everything during one session. You’ll possibly want to make copies of any relevant documents, too, so bring a folder along to keep everything organized. Here are some of the documents or items you may wish to discuss during your meeting:

  • List of important contacts (preferred doctor, attorney, financial advisor, etc)
  • Insurance details
  • Medical history/records
  • Security and access information location for banks and other accounts
  • Plans for pets
  • Letters to you or other loved ones
  • Planned funeral arrangements or wishes
  • Real estate
  • List of debts
  • Any business ownership information
  • Retirement/investment documents
  • Location of personal property

It’s not always easy to have these discussions, but being prepared can give you a lot of peace of mind. To talk more complex planning needs for you or your loved ones, contact us today for an appointment at

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