As awkward and difficult as children may find it to discuss financial matters with their aging parents, it often is just as awkward and difficult for aging parents to talk about financial matters with their children. Some parents don’t like talking about their finances because they are afraid they won’t have enough for their own lifestyle and are embarrassed by it. Others don’t want their children to feel entitled or haven’t decided what to do with the money. Still others want to discuss it, but might not know how to get the conversation started.
How to Talk to Your Adult Children About Your Finances. And Why It’s Important.
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Financial Planning Advice from Canada's Top Financial Advisors