“No matter what age you are, it is vital that you have your estate planning documents in place, says Megan Wilson, Community Relations Coordinator at Highgate at Billings. “You never know when something is going to happen, so the earlier in life you can have those documents arranged, the better prepared you will be to deal with the future.”
To break the ice, start by saying something like: “Dad, I do not want to upset you, but if something happened to you, I would want to know that your wishes were being honored. Do you have a will?” or “Mom, I want someone designated to make my decisions for me in an emergency, so I am getting my paperwork together. I would feel so much better if you did the same.”
Although these might be hard questions to ask, once you know the answers — and have the right financial and legal paperwork and plans in place — the process of growing older becomes easier on everyone.
Wilson suggests asking your parents these 15 questions about their financial and legal plans so that you can be better prepared to deal with the future and make sure they are prepared as well.
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