Talk to Your Aging Parents About Their Finances

It's almost inevitable that at some point your parents are going to need your help with financial or health care issues. One or both of your parents may become ill, incapacitated, susceptible to scams and fraud, or unable to keep up with their financial affairs as their mental and physical abilities wane or if they become seriously ill. It will be easier to intervene and prevent problems if you have talked to them before that happens. Here's the information you should know and how to bring up the subject.