How to talk to your parents about their money

In this episode of Life Kit, Marielle interviews Cameron Huddleston, a journalist and author of "Mom and Dad, We Need to Talk," about how to approach financial conversations with aging parents. Cameron provides advice on initiating these discussions, questions to ask regarding estate planning documents, bill payments, income sources, insurance, investments, and long-term care plans. She emphasizes the importance of early planning, involving siblings in caretaking responsibilities, and addressing potential financial issues like scams or overspending, while also considering the emotional challenges and potential role reversals involved in supporting aging parents.