86. Having the Money Talk With Your Parents

Life Unlimited with Larry Heller, CFP(R)

Inhoud geleverd door Larry Heller. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Larry Heller of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

3+ y ago 20:25

MP3•Thuis aflevering

According to a 2019 study by GOBankingRates, 73% of Americans have not had a conversation about finances with their aging parents. Meanwhile, 23% have tried to approach the subject, but their parents refused to engage in the conversation. Furthermore, 19% are afraid to bring up the subject at all, and 17% believe talking about money is a taboo in their family.

However, this talk is not something you should shy away from.

In this episode, Larry Heller highlights the importance of having financial conversations with your aging parents. He shares stories of cases he’s seen over the years, illustrating the benefits that can come with having these conversations — and what can happen to those who don’t have the money talk.

Larry Heller discusses:

The benefits of having financial conversations
Planning documents and why they are important
Different approaches for initiating money conversations with your parents
How Heller Wealth Management assists clients with these conversations
And more!

Resources:

Webinars

Connect With Larry Heller

101 afleveringen

#Trading #Business #Larry Heller