If your parents are getting close to retirement age, or are already retired, it may be time to talk with them about financial and aging issues, some of which may involve difficult conversations. For the sake of everyone in your family, don’t avoid these “taboo” topics.
You’ll need to be careful about approaching these subjects with your parents. Mention ahead of time that you’d like to talk to them about their future plans and reassure them that you want to understand their wishes, so their affairs will be taken care of as they would like.
If your parents are agreeable, choose a location comfortable for them and ask whom they might like to invite (or not invite). Then, think about how to open the conversation, preferably not with what they want to do with their money – this could be interpreted as your seeking information about your inheritance or being skeptical about their financial decisions.