Page 14 - Jupiter West - December '21

Page 14, Jupiter West
Financial Focus

Don’t Avoid “Taboo” Topics do with their money – this could be interpreted as your you can position these issues as being more about your
seeking information about your inheritance or being
parents’ control over their financial destiny, rather than
With Older Parents skeptical about their financial decisions. Instead, build a “who will get what,” you’ll more likely have a productive
broad-based discussion about their vision for their aging conversation.
By Sally Sima Stahl years. A series of shorter conversations may allow you to • Last wishes – You’ll want to find out if your parents
If your parents are cover topics more comfortably, one by one, rather than have left instructions in their will about their funerals
getting close to retirement trying to solve everything at once. and last wishes. Express to them that you, or another
age, or are already retired, Try to address these areas: close family member, should know who is responsible
it may be time to talk with • Health Care – You’ll want to learn if your parents for making sure their wishes are met.
them about financial and have established the appropriate health-related legal Money, independence and aging can be sensitive
aging issues, some of documents – a health care power of attorney, which topics. Don’t think you have to go it alone – you can
which may involve difficult gives someone the authority to make important decisions enlist help from another close family member. Or, if you
conversations. For the sake about their medical care if they become unable to do know your parents are working with a trusted advisor,
of everyone in your family, so themselves, and a living will, which spells out the such as an attorney or financial professional, you could
don’t avoid these “taboo” extraordinary medical treatments they may or may not see if they’d be willing to have this person participate in
topics. want. your talks. You might even be able to introduce them to
You’ll need to be careful about approaching these • Independence – As people age, they may begin to one of your advisors.
subjects with your parents. Mention ahead of time that lose their independence. Have your parents considered In any case, keep talking. These conversations can
you’d like to talk to them about their future plans and any options for long-term care, such as a nursing home be challenging, but, if handled correctly, can be of great
reassure them that you want to understand their wishes, stay, or the services of a home health aide? And do they benefit to your parents and your entire family.
so their affairs will be taken care of as they would like. have plans in place? If they plan to receive support from This article was written by Edward Jones for use by
If your parents are agreeable, choose a location family members, do their expectations match yours? your local Edward Jones Financial Advisor. Edward
comfortable for them and ask whom they might like to • Financial goals – Focusing on the personal and Jones. Member SIPC.
invite (or not invite). Then, think about how to open financial aspects of the legacy your parents want to leave Edward Jones, its employees and financial advisors
the conversation, preferably not with what they want to can be a valuable conversation. Have your parents updated are not estate planners and cannot provide tax or legal
their will or other arrangements, such as a living trust? advice. You should consult your estate-planning attorney
Have they named a financial power of attorney to make
Jupiter Senior decisions on their behalf if they become incapacitated? or qualified tax advisor regarding your situation.
Call me for a free portfolio review at (561) 748-7600,
Sally Sima Stahl, AAMS, 1851 W. Indiantown Road, Ste.
Do they have the proper beneficiary designations on
Softball News their insurance policies and retirement plan accounts? If 106, Jupiter, FL 33458.
“Service is our number one priority”

Members of the Jupiter Senior Softball Association 561-743-0070
(JSSA) paid tribute to those who served in our nation’s
armed forces in a Veterans Day ceremony. Attended by www.palmspoolservices.com
more than 60 persons, including a number of veterans.
Players gathered around the American flag at a
Jupiter Community Park ball diamond and heard
speaker Everett Barber who said Veterans Day is a
time to honor all those who served their nation. “Today,
we give special thanks and lift up the veterans of our
American armed services who have defended our
beautiful country,” he said. He also recited a prayer
honoring those who served.
The Veterans Day ceremony is a tradition for the
senior softball players and was held the day before
the Nov. 11 national holiday because no games were
scheduled that day. Ron Nolan, a combat veteran of
the Vietnam War, urged veterans to take advantage of
the many services available at the VA Medical Center Expires 12/31/21.
in West Palm Beach.
The ceremony ended with Jay Stollman leading State Licensed & Insured
players in singing of the National Anthem. Then it was Serving Palm Beach County CPC # 1457468 • LPG#30099
“play ball” as slow-pitch softball games got underway
on three fields. The senior softball program is open to
persons 55 and over and is sponsored in cooperation
with the Town of Jupiter. Games are every Monday,
Wednesday and Friday morning beginning at 8:30 a.m. Become part of the tradition
with batting practice.
New players are welcome, and are needed to fill
team rosters for pickup games and the 2022 Winter
League that begins Jan. 10. To register online or for
more information go to www.leaguelneup.com/jssa.

Batter Jeff Baron makes contact in a senior softball game
Nov. 10.

Apply today

CARDINAL NEWMAN HIGH SCHOOL
512 Spencer Drive
West Palm Beach, FL 33409
Ron Nolan, right, cited the many services for veterans at A College Preparatory Catholic High School
the VA Medical Center.