[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.amorusolaw.com\/blog\/holiday-table-talk-financial-discussions-white-plains-ny\/#BlogPosting","mainEntityOfPage":"https:\/\/www.amorusolaw.com\/blog\/holiday-table-talk-financial-discussions-white-plains-ny\/","headline":"Holiday Table Talk: Financial Discussions","name":"Holiday Table Talk: Financial Discussions","description":"You may have to raise some unpleasant issues when you speak with family members over the holidays if you want to ensure a successful retirement. Soon enough families with be gathering together to celebrate the holiday season. There will be much chatter around the table as families catch up with their loved ones.\u00a0 And while […]","datePublished":"2013-12-12","dateModified":"2024-04-02","author":{"@type":"Person","@id":"https:\/\/www.amorusolaw.com\/blog\/author\/amorusolaw\/#Person","name":"Amoruso & Amoruso, LLP","url":"https:\/\/www.amorusolaw.com\/blog\/author\/amorusolaw\/","identifier":5,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/12de032c04195e9c39a06a6d6eea182f7b4fa655c20e245f8094a244b5cdd0cb?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/12de032c04195e9c39a06a6d6eea182f7b4fa655c20e245f8094a244b5cdd0cb?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Amoruso & Amoruso, LLP","logo":{"@type":"ImageObject","@id":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/07\/amoruso-logo.svg","url":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/07\/amoruso-logo.svg","width":0,"height":0}},"image":{"@type":"ImageObject","@id":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/04\/6a01901dd0a082970b019b0240be8a.jpg","url":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/04\/6a01901dd0a082970b019b0240be8a.jpg","height":566,"width":849},"url":"https:\/\/www.amorusolaw.com\/blog\/holiday-table-talk-financial-discussions-white-plains-ny\/","about":["Estate Planning","Long Term Care"],"wordCount":354,"keywords":["Asset Protection","Estate Planning","Family Meetings","Long Term Care Planning"],"articleBody":"You may have to raise some unpleasant issues when you speak with family members over the holidays if you want to ensure a successful retirement.Soon enough families with be gathering together to celebrate the holiday season. There will be much chatter around the table as families catch up with their loved ones.\u00a0 And while we all know it’s best to avoid arguments over religion and politics, there are other potential skunks that can spoil the festivities.Unfortunately, some of these skunks are subjects that really do need to be addressed while the family is available for discussion.For example, a recent article in DailyFinance is rather blunt: \u201cBoomers Need to Talk About Long-Term Care.\u201d Baby boomers are the forever young generation, or so it seemed. Facing the facts of aging can be tough for anyone. Nevertheless, no one has a greater vested interest in your long-term care needs than your family. If they must travel across the country to attend your holiday feast, how available will they be when you need assistance with the basic \u201cactivities of daily living\u201d? Have you honestly come to grips with how you will pay for long-term care, let alone the logistics of such care?On the other hand, Jeff Brown wrote a recent article in Forbes in which he decries the notion of a formal multi-generational \u201cfamily meeting\u201d to hash out all kinds of unpleasant financial and estate planning matters. Appropriately, the article is titled \u201cNo Money Talk At The Holiday Table, Please.\u201d Brown offers an alternative: his own indirect method of eliciting information and offering subtle, albeit unsolicited advice to family members on financial and legal matters.Practically speaking, there is no better place to talk about important family financial and legal matters that when you are with family.Maybe you held your family meeting already, somewhere in between turkey and football. If you did not, well, then there are more holidays to come.Is it time to have a talk with your loved ones?Reference:DailyFinance (November 27, 2013) \u201cBoomers Need to Talk About Long-Term Care\u201dForbes (November 26, 2013) \u201cNo Money Talk At The Holiday Table, Please\u201d"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/www.amorusolaw.com\/blog\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Holiday Table Talk: Financial Discussions","item":"https:\/\/www.amorusolaw.com\/blog\/holiday-table-talk-financial-discussions-white-plains-ny\/#breadcrumbitem"}]}]