Sunday, September 19, 2010

Baby Boomers U. S. (The Blog)

Baby Boomers U. S. (The Blog)


4 Steps to Avoid the “Race to the Bedside”

Posted: 17 Sep 2010 04:20 AM PDT

Helga Hayse

Presenting a Series of Guest Posts by Helga Hayse author of Money Love & Legacy: Conversations That Matter Between Generations (aff). Follow along over the next few weeks for some insight on handling some converstations that most of us usually try to avoid but shouldn't.

A guide to crucial conversations before it's too late

Money Love & Legacy: Conversations That Matter Between Generations, written by Helga Hayse, is a guide for thinking and talking about money, inheritance, entitlement, responsibility, forgiveness, love and legacy.

It makes the case for why parents and adult children need to have these crucial conversations before it's too late.
Families confuse money with love. Parents procrastinate about planning. Siblings fight about inheritance. The author bares her own soul about having, and not having, crucial conversations with her family.  Her research documents the experiences of people who share their thoughts, fears and concerns about unfinished business within their own families.

In a series for Baby Boomers US, Helga will outline 4 crucial steps to avoiding the "Race to the Bedside" scenario which leaves so many families with critical matters unsettled, both emotionally and financially.

The steps she will cover include:

  • Consider "Fair vs. Equal" Distribution of Inheritance
  • Create a Legacy Binder
  • Tackle Difficult Conversations
  • Ask the Most Important Questions

About the author: Helga Hayse educates people on the role that money plays in family relationships. She works with financial and estate planning groups about how to help their clients overcome resistance to planning and conversations between generations.

If you would like to Guest Post for Baby Boomers US, please visit the Guest Post for Us page for the guidelines.

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