Patti Black, daughter of former Kirkwood residents Mack and Ann Boatwright, is a local Certified Financial Planner with Bridgeworth Wealth Management. With experience in caring for older adults and her extensive knowledge of financial advising, Patti has put together helpful documents for navigating what can be difficult conversations regarding next steps in securing your loved one’s future.
Today, we would like to offer a synopsis of “Bridging the Gap: A White Paper Guide to Talking to Aging Parents,” a tool for adult children who are worried about their aging parents. To access the full document, please click the link below.
Discussing your parents or an aging loved one’s physical, mental, and financial health can be anxiety-filled for both parties. As explained in full detail in the white paper, Patti offers five tips to bridge the knowledge gap between you and your aging parents that can help ease your mind and theirs as you navigate conversations about the future.
Step 1: Start with the topic that is least stressful for you and your parents.
Step 2: Gather contact information for your parent’s financial and medical professionals, including their account, financial planner, estate attorney, banker, insurance agents, doctors, and pharmacists.
Step 3: Ask your parents where to find important documents.
Step 4: Talk to your parents about long-term care.
Step 5: Discuss end-of-life care, including funeral and burial plans.
- As Patti expresses, “These conversations are difficult, but better a little discomfort now than the nagging realization that you do not know what your parents want.” These conversations will take time, but starting the conversation is important. “You will not regret it. They will not regret it.”
- For the full white paper, click here.