Open communication is key to planning with aging parents
It can be awkward to talk to aging parents about their plans for their assets, but making sure a plan is in place is important for everyone involved. Photo by Mitchell Alcala, OSU Agriculture
Adult children often have open lines of communication with their parents when planning for the holidays, a family vacation or visiting with grandchildren, but talking about money, wills and trusts can be awkward and may hinder the flow of conversation.
Planning ahead and making sure everyone is on the same page is important for all family members involved, said Mengya Wang, Oklahoma State Universit…
