How to Talk with Your Aging Parents About Finances

"Don't wait until there's a crisis to gather important information."Recently Crain's Chicago Business published an article about talking to your parents about their finances as it relates to their retirement - and ultimately the care they may need later in life.  The article caught my attention because two people we work with and like to refer families too were quoted in the article which was written by Jane Adler.Amie Hyman from Heartfelt Solutions for Seniors and Kerry Peck from Peck, Bloom LLC both gave some sound advice.  The article contains six simple steps one can take to start the conversation and what to talk about.Know their net worth, create a family answer book, develop a cash flow statement, streamline finances, review monthly bills and understand estate plans.To read the full article follow the link belowhttp://www.chicagobusiness.com/decisions/give-estate-planning-assist.html

A photo of Kerry with Amie!