XML Financial Group Blog

How to Discuss Finances with Aging Parents

Written by XML Financial Group | Jul 20, 2021 2:00:00 PM

As your parents age, there is a good chance that you will need to get involved to some degree in their financial picture. However, a recent survey found that 73% of adult children have not discussed finances with their parents. The main reason? They don’t know how to broach the subject.

Discussing your parents’ finances can be uncomfortable, but it is important to understand their financial picture and help protect their wealth in their twilight years.

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