Pittsburgh, PA – Fragasso Financial Advisors is committed to guiding their clients toward their financial stability and financial goals. To achieve this, the primarily fee-based investment firm is comprised of experienced, forward-thinking and practical minds who take the time to understand the specific circumstances of each client, their responsibilities and risk tolerance before delivering a financial plan tailored just for them. Focusing on helping clients pursue financial confidence, Fragasso Financial Advisors is proud to have released yet another white paper that tackles one of the most crucial, yet neglected questions.
The newly published whitepaper titled “The One Conversation You Need To Have With Your Parents Now,” addresses one of the most important questions adult children and their parents should discuss to ensure the proper transition of wealth, or a legacy plan.
Focusing on helping families identify and appropriately plan for their goals, the whitepaper holds; “For the first part of our lives, our parents are caregivers, then advice-givers and then sometime around mid-life, the tables often start to turn. They start asking their adult children for advice or help with things they don’t understand or can’t do any more for themselves. As this transition occurs, often the adult children wonder what will happen when their parents can no longer care for themselves. What if they need full-time care? Do they have adequate savings to pay for care and, if not, what are the alternatives?”
The free to access whitepapers on https://www.fragassoadvisors.com/resource-center/white-papers/ deal with this question while also assisting children in guiding the conversation with their loved ones.
The whitepaper goes into the details about how younger adults can get the conversation going, especially with regards to whether or not their parents or elderly loved ones have considered the financial impacts of nursing home care or staying at home and having someone visit to care for them.
In addition to this, the whitepaper guides children and parents through the decision-making process, especially in the face of the current assets available and how to protect these assets if care is needed for an extended period of time. While these appear to be obvious and basic, Fragasso Financial Advisors also discusses in the whitepaper other cogent factors to put into consideration for a final decision to be made.
The team at Fragasso Financial Advisors understands how complex these considerations and the decisions can be, and as a result, offers clients the needed guidance in helping them navigate what can be a rather difficult situation.
About Fragasso Financial Advisors
Fragasso Financial Advisors, Inc. is an independent, employee-owned, primarily fee-based investment management and financial planning firm serving individuals, institutions and non-profit organizations. Founded in 1972, the firm today has $1.5 billion assets under management and non-advisory assets. Headquartered in Pittsburgh, PA, the firm has additional offices in Wexford, Bethel Park, McMurray and in Beaver.
Investment advice offered through Fragasso Financial Advisors, a registered investment advisor. Fragasso Financial Advisors, 610 Smithfield Street, Suite 400, Pittsburgh, PA 15222.
Visit www.FragassoAdvisors.com for more information.
Media Contact
Company Name: Fragasso Financial Advisors
Contact Person: Marsha Posset
Email: Send Email
Phone: 412-227-3206
Address:610 Smithfield St., Suite 400
City: Pittsburgh
State: PA
Country: United States
Website: https://www.fragassoadvisors.com/
