In life and money, timing is often everything. And that’s particularly true when it comes to sensitive family discussions about retirement security, elder care, and estate planning.
Family discussions between parents and adult children could serve as a much-needed reality check. Yet, even when conversations are taking place, sometimes it is difficult to get into the details without having a conflict.
Here are some guidelines to get a family financial conversation going, and to help keep them on track:
If you'd like to read an article with more tips, please visit fidelity.com/viewpoints and enter 8 Habits of Successful Family Communication in the search bar.
If you’d like to learn more about your estate planning options, you may have access to professional assistance through UC’s legal plan. The ARAG legal services plan provides a wide range of free or discounted legal services—including estate planning assistance. Go to UCnet and search Estate Planning to learn more about the robust legal services available, including help with wills, trusts, powers of attorney, and healthcare directives.
Fidelity Brokerage Services LLC, member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
© 2018 FMR LLC. All rights reserved.