Session: The Money Conversation You Need to Help Clients Have With Aging Parents
The generations aren't talking about money -- and this will be a growing problem as adult children find themselves having to get involved with their parents' finances as their parents age. As advisors, you're in a unique position to help foster these conversations. Cameron Huddleston, author of Mom and Dad, We Need to Talk: How to Have Essential Conversations With Your Parents About Their Finances, will explain how.
Cameron Huddleston is the author of Mom and Dad, We Need to Talk: How to Have Essential Conversations With Your Parents About Their Finances. She also is an award-winning personal finance journalist whose work has appeared in Kiplinger's Personal Finance, Forbes.com, Chicago Tribune, MSN, Yahoo! Finance and many more online and print publications. She has appeared on CNBC, MSNBC, CNN and “Fox & Friends” and has been quoted as an expert in The New York Times, The Washington Post, U.S. News & World Report, Huffington Post and numerous other publications. Cameron currently is the director of education and content at Carefull, the first service built specifically to protect the finances of older adults.
Representative John Rose is currently serving his second term in Congress – representing the sixth district. As a lifelong Tennessee resident, he grew up working with his father on their family farm in the Temperance Hall community in DeKalb County and today, with his wife Chelsea and sons Guy and Sam, he continues his family farm’s 240-year legacy. Congressman Rose sits on the House Financial Services Committee where he is working to roll back the burdensome federal regulations forced on local community banks across the Sixth District and to protect small businesses’ access to capital.
He remains the owner and president of Boson Software, LLC and prior to serving in Congress, he served as Commissioner of Agriculture for the State of Tennessee and chairman of the Tennessee State Fair Association. John graduated from Tennessee Technological University in Cookeville with a bachelor’s degree in agribusiness economics. He went on to complete his Master of Science in agricultural economics at Purdue University and his Juris Doctorate at Vanderbilt University.
Designed for people at all income levels—wealthy, middle, and lower—the book helps anyone understand the ins and outs of their parents’ finances because they might have to help manage these finances one day. Mom and Dad, We Need to Talk is the essential guide for having productive financial conversations with parents that lead to meaningful action.