Perkins Thompson

Maine Center for Elder Law Blog

Thursday, July 21, 2016

So Talk Already! Your Kids Really Do Want to Know

We think it's great that there is so much information out there on the importance of talking with your family about your wishes. TMI? Sure, and it can be daunting to find time to sift through all the print articles, websites, blogs, posts and tweets. But the result of all that information is an increase in awareness of the importance of talking about health and financial matters as we age.

There are certainly generational challenges. Folks now in their 80s and 90s who grew up in the depression era, also known as the "greatest generation," may be more reluctant to share their thoughts.    

Boomer parents could be more open about their health and end of life wishes, but financial details? Not so much!

Forbes contributor Richard Eisenberg says millenials really do want to know what their parents want. "That’s my take on the new Fidelity Investments Family & Finance Study, a fascinating survey the financial firm conducts every two years, asking questions about personal finances, estate planning and caregiving." Read the whole article here, and start talking! It really is one of the most important things you can do for your family.

Elder law attorneys specialize in helping seniors and their loved ones with legal issues that affect them as they age. If you have questions, call on us. We can help.

The Maine Center for Elder Law is a practice of Perkins Thompson, P.A. The Center assists clients with Medicaid (MaineCare) Planning, Special Needs Planning, Estate Planning, and Probate, Estate & Trust Administration matters in York County, Cumberland County and nearby Maine counties.

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