Irc Wealthcast

With responsibility for taking care of aging parents while also raising a family, Generation X is feeling the squeeze of being a “sandwich generation.” This can be especially stressful when two thirds of Generation X say they haven’t fully recovered from the Great Recession, yet an increasing number are providing financial support for both their children and their parents. And even if elderly parents don’t require financial help, most will need assistance with managing assets, estate planning, and living arrangements. Communication, trust and transparency If this scenario sounds familiar or is on your horizon, tune in to the first in a two-part series where we discuss the steps you and your parents can take to establish communication, trust and transparency that can help: Alleviate your parents’ fears and reassure them that their wishes will be honored Avoid frustration and reduce complications in the future Maintain expectations among family members regarding roles and inheritances In this WealthCast, two