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THE M WORD: The Money Talk every Family Needs to have about Wealth and their Financial Future by Lori Sackler

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9Preparation Pays

What Is the Agenda for Your Money Talk?

He who fails to plan, plans to fail.—Winston Churchill

The drum roll, please. The suspense I feel when I am reaching the climactic conclusion of a long-anticipated event is similar to how I feel about this chapter. Everything I have covered so far has been paving the way to get you to this point—that is, to have the Money Talk, the face-to-face conversation about finances with your family. But if you now just dial or text your siblings or your parents and launch into a heart-to-heart discussion, you will be gravely disappointed with the outcome. Just as we drilled down to understand why the conversation is so difficult, to determine the transition points in your life that require it, and ...

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