Recorded 7/14/2015

There are some very real COSTS for not talking about issues between the generations. Talking about death, aging issues, long term care, or skills and capacity of second generation are not exactly comfortable topics. Financial costs can be substantial for not addressing, but emotion costs can be even worse. We all know families that were torn apart during a parent’s illness or estate settlement process. We’ll cover: Myths that block communication, the financial and emotional costs of silence, issues to address, process to follow, and creative strategies.

Carol Craigie, MA, ChFC, CFP® is a psychologist turned financial planner who has broad experience in the wealth industry. She was a successful producer and sales manager who personally closed over $74 million in investments in one year utilizing the financial planning process while working for Norwest Bank. Carol became the Director of Financial Planning for several large organizations including Wells Fargo, JPMorgan Chase, and Key Bank, where she designed, implemented, and supervised multilevel financial planning services with thousands of advisors, brokers, trust officers, insurance representatives, portfolio managers, and client wealth advisors. When Carol retired from managing planning in large institutions, she became a consultant on behavioral economics as it applies to financial planning and a full-time professor with the College for Financial Planning, where she has designed and teaches their CFP capstone course, "Financial Plan Development." You can contact Carol at carol.craigie@cffp.edu.

Complexity Level: Intermediate