Sharona Hoffman, JD, LLM, SJD
Professor, Case Western Reserve University School of Law
Sharona Hoffman, JD, LLM, SJD, is a professor of law and bioethics at Case Western Reserve University School of Law. She is the author of “Aging with a Plan: How a Little Thought Today Can Vastly Improve Your Tomorrow.”
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Speaking with your parents about their financial future isn’t an easy thing to do. However, a bit of planning and candid conversation will prevent unnecessary complications if someone needs to step in to manage their affairs.
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Some people anticipate aging alone without family, while others find their plans upended by divorce, estrangement or death. Preparing for the possibility of being a solo ager requires extra effort but will prevent unnecessary hardships and stress.