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Reply to "How prepared are your parents/grandparents for the future?"
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[quote=Anonymous]My parents have everything meticulously planned out and send us a document with all the information we could need every time there is a change. Bank accounts, insurance info, lawyer name, safe deposit box into, etc. they've saved a lot and are very comfortable in their retirement. In laws-well they do have a will. They did meet with a financial planner before my FIL retired. But I don't think they were very savvy savers and some of their financial decisions baffle me. Mil also has a lot of health problems. DH is an only child so I do worry that we'll have to provide support. DH's grandmother died intestate last year. She had very little estate but it was a mess. His other grandmother is much better prepared. My grandparents are all long dead and lived overseas where end of life stuff us handled quite differently. [/quote]
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