Many families in Texas avoid conversations about old age and death. While it is certainly not a subject on which to dwell, certain discussions are necessary. Heirs often find it difficult to locate statements, settle accounts and more because a deceased loved one's finances were not discussed. Silence about inheritances can also lead to contention between beneficiaries down the line.
Adult children may have many concerns about the finances of elderly parents if they avoid conversation about it. Children may want to make sure their parents will receive the necessary long-term care when the time comes. This includes accommodation, pet care and more. However, having no information about the available resources can cause high levels of stress that may even be unnecessary.