Money Meets Medicine Talking Money With Family: Inheritance, Guilt, and Setting Financial Boundaries
Jan 14, 2026
Justin Harvey, a Certified Financial Planner, joins to explore the often awkward world of family money conversations. He shares insights on discussing inheritance expectations and caring for aging parents, highlighting how misunderstandings can complicate relationships. Justin emphasizes the importance of clear communication and setting financial boundaries. The duo advises involving financial professionals for smoother planning and protecting family dynamics, encouraging listeners to tackle these discussions early to foster stronger ties.
AI Snips
Chapters
Transcript
Episode notes
Holiday Gatherings Spark Money Talks
- Money conversations often become awkward at family gatherings but are common and important to address.
- Starting these talks early prevents misunderstandings and protects relationships.
Adult Child Unsure About Inheritance
- Justin shared a client story where a late-in-life sale by a parent created uncertainty for the adult child.
- The child felt awkward asking about inheritance because it would affect life decisions yet feared appearing entitled.
Unknown Inheritances Distort Planning
- Gaps in communication about potential inheritances materially change financial decisions like saving rates.
- Knowing likely future resources reduces unnecessary saving and clarifies planning.