Having discussions about finances, money, and the loss of control are difficult. One way to approach this issue is to have family meetings in advance so that everyone has a chance to present their opinions. Several meetings may have to occur before all the decisions are made. It will take awhile to get everyone on the same page.
For more information, check out the video that supplements "Protecting Your Retirement and Other Financial Information for Family Caregivers: What Every Adult Child Should Know." This provides information that will give you and your family a great way to start this type of conversation. You can find a order form at: http://www.ahrm.vt.edu/Dept/ext_retirement.html.
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