123. Mom and Dad, Let's Have The Talk- with Lisa Powers
Seven Figures: Smart Money Strategies for Women with Sandy Waters - A podcast by Audacy
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Mom and Dad, Let's Have The Talk- with Lisa Powers Studies show that it’s mostly the daughters or the wives who are the ones to step up and take care of mom and dad as they get older. So, if we are the ones acting as caregiver, WE are the FIRST ones who will pick up on the signs that mom and dad might need someone to step in and help with their finances too. Even more reason to have a good understanding of it all. Today Harris Beach elder law attorney Lisa Powers is here with advice on how to broach the subject and have these essential conversations with your parents. There are 5 important things you need to ask: Long Term Care preferences. Where do they see themselves living as they get older Finances- Where are all the important documents, passwords, contacts of financial planner, lawyer, etc Medical Preferences Health Care Proxy Power of Attorney We hope this episode gives you some clarity and peace of mind. Lisa joins the conversation every month so if you have questions you want us to address in a future podcast feel free to email me or Lisa directly You can learn more about Lisa and here practice: https://www.harrisbeach.com/bio/powers-lisa-m/ Cheers to being a financially confident woman! See omnystudio.com/policies/listener for privacy information. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices