Tips for Talking to Family About Financial Wishes

Set the tone before the talk

Money conversations land better when everyone knows the purpose. Frame the meeting in assisted living Idaho Falls as future-proofing, not a crisis. Pick a calm day, set a time limit, and choose a quiet spot. Open with a clear intention such as, “I want to make sure my wishes are written down so no one has to guess.”

Prepare the essentials

Gather documents and a short summary so the discussion stays focused. Aim to bring:

  • A current list of accounts, beneficiaries, and automatic payments

  • Durable power of attorney and health care proxy names

  • Will or trust highlights and where originals live

  • Insurance policies, safe deposit box info, and digital logins plan

Keep copies in a single, labeled folder. Offer to share read-only access for items stored digitally.

Explain your “why” in plain language

Families worry less when they understand reasons. If you prefer conservative investments, say you value sleep-at-night stability. If you want charitable gifts or education funds, link those choices to a story. Clarity prevents second-guessing when emotions run high.

Choose decision-makers on purpose

Name primary and backup agents for financial and health decisions. Describe what “acting in my best interest” looks like to you. Make roles time-bound if helpful, such as “Alex manages bills during travel months; Pat handles tax prep each spring.”

Build a simple action map

Boil next steps into a one-page checklist: update beneficiaries, notarize powers of attorney, consolidate a small account, or set alerts for large withdrawals. Assign owners and target dates so momentum is visible.

Address living costs openly

Share your monthly baseline and any known irregular expenses. Note what would trigger a change, such as selling a vehicle or shifting to a smaller home. If you are exploring future options like senior living, explain your priorities around location, social life, budget, and care preferences so loved ones can advocate confidently.

Prevent common friction points

  • Set a spending threshold that always requires a second signature

  • Document gift plans to avoid confusion among siblings

  • Write a brief letter of intent that explains values behind choices

Keep the conversation alive

Schedule a 30-minute check-in every six months while in assisted living Idaho. Treat it like maintenance: quick updates, one paperwork task, and a small celebration for what’s done. Store the checklist and key documents in one visible place, and tell the family where it is. A steady rhythm turns a hard topic into a shared plan everyone can follow.

Transitioning Mom or Dad to Assisted Living

Moving can be exhausting and many of us have mixed feelings about the change – both looking forward to a new adventure and sad to leave our old life behind. Now imagine what your parents may be feeling as they leave a familiar home for an assisted living community. The change can be even more difficult if they are going into memory care. 

Experts say there are things family members can do to help ease the transition and make it a more positive experience. First, involve your loved one in the decision-making process as much as possible. Discuss the various benefits of each community regarding suites, amenities, food service and the helpfulness of the staff and administrators. Also, read online reviews from other families and residents; and take advantage of in-person tours.

Once the decision is made on a particular community, now help mom or dad decide on what to bring to their new space, keeping in mind it is probably smaller than their current home. Consider an item based on its practicality, footprint, and your loved one’s feelings toward it. Be sure to include personal mementos such as family pictures and a few of their most cherished treasures he/she has collected through the years. Other furniture and items can be given to family members, sold or donated to charity.

Experts advise adult children to play an active role in helping a loved one settle into their new home and to remember it is an emotional adjustment. In-person visits help as do phone calls to let them know you are still thinking of them. 

At MorningStar at West San Jose, we are experienced in helping residents make a smooth transition to our community by working alongside our residents and their families to listen to concerns and help solve any problems. MorningStar’s assisted living residents enjoy stylish suites, all-day dining, wellness programs, activities and amenities including a theatre, fitness center, salon, bistro and beautiful outdoor areas.  

Please contact us to learn more about our luxury senior living in San Jose, CA.  Not only are we happy to answer any questions you may have but our website provides information on our company’s history, vision, and mission.

MorningStar has considered it a privilege and responsibility to “cast a new light” on senior living, inspired and empowered by our unique mission: to honor, to value, to invest. Our passionate commitment to serving seniors has earned us a reputation for satisfaction that is second to none. Contact us for more information about the finest independent living, assisted living and memory care in San Jose.

OTC Drugs May Pose Risks to Seniors

All too often people think of over-the-counter drugs (OTC) as being safe and not having the side-effects or drug interactions their prescription drugs might have. Experts say this attitude could put you at risk as many OTC drugs are not as harmless as we think, especially for older adults. AARP recently cited a statistic showing as many as 178,000 hospitalizations a year are caused by a reaction to OCT medications and adults 65 years and older were more commonly harmed.  

One reason older adults are more vulnerable to adverse outcomes are many already take several prescription drugs. A report from the Lown Institute, a non-profit organization, reported nearly half of adults 65 years and older take five (known as polypharmacy) or more prescription drugs daily. Another close to 20 percent takes 10 or more daily. 

This increases the risk of interactions when taking OTC medication for pain relief, stomach issues, allergies or other needs. In addition, the AARP article explains as we age, our bodies lose muscle and gain fat, which slows down the process of getting rid of medications. One of the organs responsible for processing medication is the kidneys, which start to work less effectively to filter and eliminate waste causing medications to build up. Aging livers also work less effectively to break down medications. 

Common OTCs like acetaminophen (generic name for Tylenol) can cause damage to the liver. Ann M. Hester, M.D., a board-certified internal medicine physician based in Highland, Maryland explains overuse of acetaminophens is the leading cause of deadly liver failure. Seniors on blood thinners should be aware that ibuprofen (Motrin and Advil) and naproxen (Aleve) OTCs drugs may result in stomach bleeding and ulcers. Moreover, doctors no longer recommend people take a daily aspirin as a preventive measure toward heart disease as it too may cause stomach bleeding. 

People with high blood pressure should be aware that decongestants containing phenylephrine or pseudoephedrine like Sudafed can increase blood pressure. It can also cause problems to combine an OTC pain reliever with a decongestant as it too raises blood pressure putting the person at risk for a stroke; and men with prostate issues are at risk for urinary problems. There are other OTCs that seniors should be wary of so before you take one, be sure to check with your healthcare provider. 

At MorningStar at West San Jose, our vibrant senior living community promotes a healthy, engaged lifestyle. Along with resort-style amenities, wellness programs and nutritional meals, we offer medication management to help ensure residents get the proper medications they need. Contact us or visit our website for more information. 

MorningStar, assisted living takes tremendous pride in the reputation we have earned for excellence and authenticity since our inception in 2003.  We believe the human capacity to grow, to learn and to contribute is ageless; and we act upon that truth daily, as we care for, inspire, and love the residents under our roof. Contact us to learn more about the finest assisted living in San Jose.

Source: aarp.org/health/drugs-supplements/info-2023/otc-medications-risky-after-50/