Tuesday, May 24, 2011

Something to think about for aging boomers

Over the past few weeks, I have had several conversations with friends and colleagues about estate planning issues. Why is this? Probably because of my age and the fact that the discussions intrigue me.

A few of my boomer friends are dealing with aging parents and their concern for what happens next. There is great sensitivity around how to approach the "it's time to move out of your house because I am afraid something is going to happen to you when I am not here" or "can we discuss what to do with the family cottage before something happens to you or Dad"?. As a result, the conversation gets put on the back burner and it becomes a white elephant in the room.

If you are in the above category, I invite you to do this sooner than later. Start thinking about the best time to start the conversation. It is difficult and yet you will be surprised at how much easier the next conversation will be.
Best time to plant a shade tree is today. So get planting.

Gayle