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Article: Talking to parents about finances is crucial.(The Dallas Morning News)
- Article from:
- Knight Ridder/Tribune News Service
- Article date:
- September 10, 2001
- Author:
CopyrightCOPYRIGHT 2001 Knight-Ridder/Tribune News Service. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DALLAS _ You know how important it is to talk to your children about sex, drugs, alcohol and other uncomfortable topics.
Your own parents may have had the same discussions with you.
But as your parents get older, just how do you broach such subjects as the status of their money and health care issues?
"It's a tough one because parents don't want to talk about those things for any number of reasons," says Joan Gruber, a Dallas Certified Financial Planner who specializes in working with the elderly and their families. "Mostly (it's) out of fear of loss of independence and loss of dignity, because once you lose your ability to make decisions, you ...