The best time to create a plan about handling your parent’s financial accounts is early.
If you and your parents haven’t discussed finances before, it could be daunting. After all, these are your parents and you’re asking for some pretty personal information. But getting acquainted with their financial details and their plans is important because it will help you know how to support them when they need to lean on you.
What we’ve put together here is a plan for a plan: Questions that could help you start a conversation about how you may be able to keep your parents’ finances in order and use their funds as they expected.