At your family meeting, you might want to include a discussion of a couple of case studies that illustrate situations your family might face some day.
With each case study, we provide state-specific answers …
To become more familiar with the issues before discussing them with others, take the Quiz for Health Care Advance Directives. The responses provided are accurate for residents of Idaho, Iowa, Kentucky, North Dakota, and South Dakota. Although laws regarding advance directives for health care may be different in your state, this quiz will give you important topics to consider.
Involve appropriate family members. Be sensitive to a parent’s desire for privacy and balance it with the desire to have all members of the immediate family present. Who constitutes the “immediate family”? Should daughters-in-law and sons-in-law be included? How about adopted children—or children by another marriage? How old should participants be? Could the combined input of in-laws, nieces, and nephews overwhelm the rightful input of a single adult child?
If family relations are tense, some members may not consent to …
It may not be important or best for all family members to know everything about their parents’ lives or financial affairs. What IS important is that parents have:
Before the meeting, make a list of other concerns to be discussed and …
The best situation to foster communication among family members may be a formalized meeting to address concerns. The initiator might contact each person by phone, letter, or e-mail to suggest holding a meeting at a convenient time. Conducting end-of-life discussions during emotionally demanding events, such as holidays and family celebrations, may not be the best time for some families. A time when all are fresh may be better. However, holidays and family celebrations may be the only occasion when you …
This page contains the entire Communicate Your Advance Directives for Health Care lesson to enable you to print a section or the whole lesson.
Return to the Communicate Your Advance Directives for Health Care lesson.
If you had a serious accident or illness that caused permanent loss of mental capacity, leaving you unable to tell your doctor which medical treatments you did or did not want, would your loved ones know what to do? Who would make these decisions for …
One of life’s most important lessons is distinguishing what is trivial from what is not. While we’re tempted to lump our personal documents among life’s petty details, their significance can be major. How quickly could we access our birth certificates, immunization records, wills, vehicular titles, or even three-month-old credit card statements? Did we file them away and, if so, where? How long would it take to find—or replace—them?
A systematic plan for keeping track of important papers can save hours …
The Money Talks web site offers teens, and their teachers, a fun and interactive opportunity to learn about money management. Teens can play games, take quizzes, watch videos, read or download colorful teen guides, and more. The web site is available in English or Spanish.
The Money Talks series is broken into three modules:
These cover ten financial topics, for example; money …
Return to the Personal Finance Chats page
For further information on this topic, please read “Unit 6: Mutual Fund Investing” in the Investing for Your Future learning lesson.
NOTE: This transcript is from an online, live chat. The major topics have been captured in the material below. If you have further questions, please search eXtension for more in-depth and detailed information.
Topic: Mutual Funds
Chat Date: May 7, 2008
Number …
The Ballpark E$timate is an easy-to-use, two-page worksheet that helps you quickly identify approximately how much you need to save to fund a comfortable retirement. The Ballpark E$timate takes complicated issues like projected Social Security benefits and earnings assumptions on savings, and turns them into language and mathematics that are easy to understand. The Ballpark E$timate is available as both a worksheet and online interactive form.
Worksheet: http://www.choosetosave.org/ballpark/
Interactive Form: http://www.choosetosave.org/ballpark/index.cfm?fa=interactive…
