Aging Parents1

? Questions to Ask Aging Parents While You Can Presented by Michael L. Schwartz, RFC, CWS, CFS Michael L. Schwartz, RFC, CWS, CFS offers securities & advisory services through First Allied Securities Inc . Member FINRA-SIPC

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Today’s Dilemma ,[object Object],[object Object]

QUESTIONS that need to be ASKED! ? ? ? ? ? ? ? ? ? ? ? ? ? ?

[object Object],#1 ? FINANCIAL ADVISOR Do you have a…

[object Object],#1 ? FINANCIAL ADVISOR Do you have a… ,[object Object]

#2 - Have you established an overall game plan Most importantly… is it in writing?

#2 - Have you established an overall game plan Do you know what income can be inflation sustained?

#2 - Have you established an overall game plan Do you understand your level of risk?

#2 - Have you established an overall game plan Is bill paying overwhelming for you?

#3 - Do you have an Estate Plan? ,[object Object],[object Object],[object Object]

- Who should handle your finances if you become ill? ,[object Object],#4

If you should become seriously ill, what level of care and intervention would you like? #5

#6 - Do You Have ,[object Object],Enough Insurance? ,[object Object],[object Object]

Do you feel comfortable with your current doctor? Is he/she well informed about the issues of older patients? #7

#8 your home Comfortable Can we Make more

#9 - Are You Feeling Secure… About Driving?

#10 – Can you share your thoughts about your funeral about your funeral? #10 Can you share your thoughts…

Last but not least… We’d like to help you!

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Miscellaneous Raise the issue while your parents are healthy and of sound mind. Thoughts

Allow parents to keep a sense of control.

Continual communication is critical!

After all data is reviewed – meet with group of advisors (Financial Advisor, Attorney, Insurance Agent, and CPA)

All siblings should unite in preplanning – make it a family affair.

Elicit their advice from the standpoint of your current planning and asking for their help.

Use our Schwartz Financial Service Confidential Profile and Estate Questionnaire We will provide a complimentary review of estate plan, risk return, existing insurances, proactive tax planning.

If all else fails, try being more direct, come from an empathetic position, one of love, not greed.

An ounce of prevention is worth a pound of cure. Let the Schwartz Financial Team Help.

Aging Parents1

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