I Don't Want to Talk About It: When Parents Avoid the Money Talk with Beth Pinsker

So this is a thing that the generation before us didn't really have to go through.

You know, my mom could take care of her mom without any of this legal rigmarole and the banks giving her trouble and Social Security and all the agencies.

Like, it was just expected.

And there were, you know, you could just fake it.

You know, you could sign in as somebody else.

You could show up to the bank and say anything.

You were your mother.

You know, you could do crazy things that you just cannot get away with anymore.

But do you know how many people have that like completely vital must have document of power of attorney? 11 percent.

Yeah.

It's not something that's on people's radar to do until they get into an emergency situation.

People think that they can talk their way through all of this.

And like I'm here to tell you that, no, the bank is a brick wall.

I went in there with all of my knowledge and the correct paperwork, and it was a brick wall.

And I had to not talk my way into it.

I had the right documents.

I was in the right.

I had to stand my ground so that I didn't get pushed out the door.

And I think a lot of people here know, and they think, oh, well, I guess I can't.

But you have to realize that what your alternative is in that situation is going to court.

And going to court is just a disaster for most families.

It's expensive.

It's time consuming.

It's emotional.

And so standing your ground is actually easier.