Page 10 - The Shores of Jupiter - December '21

Page 10, The Shores
Financial Focus

Don’t Avoid “Taboo” Topics subjects with your parents. financial aspects of the legacy your parents want to leave
can be a valuable conversation. Have your parents updated
Mention ahead of time that
With Older Parents you’d like to talk to them their will or other arrangements, such as a living trust?
about their future plans and Have they named a financial power of attorney to make
By Sally Sima Stahl reassure them that you want decisions on their behalf if they become incapacitated?
If your parents are getting close to retirement age, or to understand their wishes, Do they have the proper beneficiary designations on their
are already retired, it may be time to talk with them about so their affairs will be taken insurance policies and retirement plan accounts? If you
financial and aging issues, some of which may involve care of as they would like. can position these issues as being more about your parents’
difficult conversations. For the sake of everyone in your If your parents are control over their financial destiny, rather than “who will get
family, don’t avoid these “taboo” topics. agreeable, choose a location what,” you’ll more likely have a productive conversation.
You’ll need to be careful about approaching these comfortable for them and • Last wishes – You’ll want to find out if your parents
ask whom they might like have left instructions in their will about their funerals and
to invite (or not invite). Then, think about how to open the last wishes. Express to them that you, or another close
FPL’s Manatee Lagoon from page 9 conversation, preferably not with what they want to do with family member, should know who is responsible for making
their money – this could be interpreted as your seeking sure their wishes are met.
Outdoor Yoga information about your inheritance or being skeptical Money, independence and aging can be sensitive topics.
Every Tuesday and Thursday at 5:45 p.m. and Saturday about their financial decisions. Instead, build a broad-based Don’t think you have to go it alone – you can enlist help
at 8 a.m., adult yoga classes are led by certified instructors discussion about their vision for their aging years. A series from another close family member. Or, if you know your
against the calming backdrop of Lake Worth Lagoon. of shorter conversations may allow you to cover topics parents are working with a trusted advisor, such as an
Advance registration is required as space is limited. more comfortably, one by one, rather than trying to solve attorney or financial professional, you could see if they’d
Manatee Tales Story Time everything at once. be willing to have this person participate in your talks.
The popular story time returns with new take-home Try to address these areas: You might even be able to introduce them to one of your
coloring activities on Saturday at 9:30 a.m. Listen as a • Health Care – You’ll want to learn if your parents have advisors.
Manatee Master storyteller reads from a selection of engaging established the appropriate health-related legal documents In any case, keep talking. These conversations can be
books, which share stories about various aquatic species – a health care power of attorney, which gives someone the challenging, but, if handled correctly, can be of great benefit
that live in the Lake Worth Lagoon and the waters beyond. authority to make important decisions about their medical to your parents and your entire family.
Targeted for children ages 2 and older. Programming begins care if they become unable to do so themselves, and a living This article was written by Edward Jones for use by
Nov. 8. will, which spells out the extraordinary medical treatments your local Edward Jones Financial Advisor. Edward Jones.
Enhanced Cleaning And Sanitation Protocols they may or may not want. Member SIPC.
Manatee Lagoon has added enhanced cleaning measures • Independence – As people age, they may begin to lose Edward Jones, its employees and financial advisors
and installed HEPA filtration units, as well as touchless soap, their independence. Have your parents considered any are not estate planners and cannot provide tax or legal
paper towel and hand sanitizer dispensers in restrooms. options for long-term care, such as a nursing home stay, advice. You should consult your estate-planning attorney
When visiting the indoor portion of the facility, masks are or the services of a home health aide? And do they have or qualified tax advisor regarding your situation.
encouraged for all, and required for unvaccinated visitors. plans in place? If they plan to receive support from family Call me for a free portfolio review at (561) 748-7600,
Social distancing and masks are strongly encouraged members, do their expectations match yours? Sally Sima Stahl, AAMS, 1851 W. Indiantown Road, Ste.
throughout the property. • Financial goals – Focusing on the personal and 106, Jupiter, FL 33458.
About Manatee Lagoon – An FPL Eco-Discovery Center ®
Manatee Lagoon – An FPL Eco-Discovery Center is
®
a free Palm Beach County educational attraction with a Under Contract
dedicated area to view manatees up close. The 16,000-square- 19128 Shoreward Ct.: In 1 Day
foot center features engaging, hands-on exhibits for visitors
to learn all about the unique creatures as well as the natural Renovated 3/2/2 CBS home
wonders of the surrounding Lake Worth Lagoon. During the with breathtaking views of
colder winter months, the facility’s observation deck is the the pool and lake.
ideal spot to view manatees basking in the clean, warm-water
outflows from Florida Power & Light Company’s adjacent $700,000
Riviera Beach Next Generation Clean Energy Center.
Manatee Lagoon also offers digital resources and educational
virtual content for manatee fans near and far on its website:
VisitManateeLagoon.com. Call for any Real Estate
Starting Nov. 1, the center will be open seven days a week, Your Shores Specialist questions or needs
9 a.m. to 4 p.m., except for major holidays, until March 31,
2022, which marks the end of manatee season. April 1 through
Nov. 14, 2022, the center will observe the same hours, with
the exception of each Monday when the center will be closed.

CAMPBELL AND KARLIK, P.A.

ATTORNEYS AT LAW

Wills • Trusts • Estate Planning • Probate

Taxation • Real Estate • Corporations

Diane L. KarLiK

Tel: (561) 625-5220
3450 Northlake Boulevard Suite 210 Fax: (561) 625-5201• Mobile: (561) 797-5004
Palm Beach Gardens, FL 33403 EMail: dlkarlik@aol.com