Let's Talk: Supporting Aging Parents with Laura Tamblyn Watts

In this episode, we embark on the poignant journey of navigating aging parents. This evolution requires heartfelt conversations about health, caregiving, and the practicalities of downsizing.Our special guest, Laura Tamblyn Watts, joins us to illuminate these vital discussions. Laura is not only the author of the newly released book "Let’s Talk About Aging Parents," but she also serves as the CEO of CanAge, Canada's leading seniors advocacy organization. With her wealth of experience and expertise, Laura helps us navigate the often challenging terrain of eldercare and family support.---------------------------------------------------------------TIMESTAMP:00:00 Supporting loved ones through various life stages.04:53 Aging in place and parenting our parents.06:57 Avoid bright lights while driving at night.10:05 "Prepare for emergencies and stay informed."13:30 Use I statements, not submissive compliance, especially for women.18:39 Consider aging in place, Ontario waitlist.20:19 Choose representation wisely for all decision-making.23:44 Choosing the right trustee is critically important.26:00 Authorize responsible management of online accounts.32:04 Estate planning, trust, tax, and family discussion.33:24 Focus on positive future plans in conversations.36:51 Information overload leads to financial decision confusion.----------------------------------------------------------------GUEST LINKS & RESOURCES: CanAge: https://www.canage.caLEARN MORE ABOUT BMO ETFS (SPONSOR): https://www.bmo.com/main/personal/investments/etf/-----------------------------------------------------------------Saijal Patel, CFA, is a former CNBC and BNN journalist and passionate financial wellness advocate. She's bringing Strictly Money directly to you via YouTube, Apple Podcasts, Spotify and where ever you get your podcasts.Connect on LinkedIn: https://www.linkedin.com/company/saij-elle/Follow on X: https://twitter.com/strictlymoneytvGet in touch: https://saijelle.com/contact-us/Join Saij Elle’s FREE Money Masterclass for Women: https://courses.saijelle.com/master-class/