Financial Caregiving For Your Parents: A Conversation with Beth Pinsker, CFP® скачать в хорошем качестве

Financial Caregiving For Your Parents: A Conversation with Beth Pinsker, CFP®

Welcome to the Modern Husbands podcast, where any combination of Dr. Bruce Ross, Christian Sherrill, and Brian Page host national experts who share winning ideas to manage money and the home as a team. I’m Brian Page, founder of Modern Husbands. Sometimes our listeners want more support than a podcast can give, individual or couple support, which I now provide. Details can be found at modernhusbands.com. For today’s podcast we welcome Beth Pinsker, CFP®, financial columnist for Marketwatch and author of My Mother’s Money. Beth shares the critical steps couples should take to prepare for financial caregiving—whether it’s naming a guardian for your kids, planning for your parents’ future, or managing the complex realities of blended families. She also unpacks how to balance caregiving responsibilities with work, retirement goals, and staying connected as a couple. Enjoy the show. Show Notes 00:00 Introduction 04:28 Your book My Mother’s Money is rooted in personal experience. What prompted you to write it, and why is financial caregiving an issue couples need to think about before it becomes a crisis? 07:16 Whether it’s for your kids, your parents, or yourself, what are the key legal and financial documents and considerations couples need to have in place? 13:35 What unique challenges do blended families face with caregiving and inheritance planning, and how can couples protect both their relationships and finances in those situations? 17:10 Caregiving for a spouse’s parent can be especially challenging—sometimes even requiring an in-law to move in. What can couples do to support each other and set healthy boundaries? 21:32 Caregiving can be expensive. How should couples budget and plan for the potential costs, and what resources (including Medicaid) are available to help? 27:54 With the upcoming Medicaid cuts from the Big Beautiful Bill, how might caregiving for parents become more difficult, and what steps can families take now to prepare? 39:18 Where can you go to purchase your book? 39:38 What is one piece of simple and actionable advice you want to share with our listeners today? To purchase the book: bethpinkser.com #caregiving