Last week a fellow blogger and friend wrote a blog post about parental financial planning in retirement. Much of the post seemed focused on what he himself had inherited and what he and his wife planned to leave their children upon passing. It’s probably no surprise that most of the people who left comments offered their version of same thing. The article got me thinking about my own life and how I see the issue differently. That could be because I have no children. But perhaps more importantly, it raised questions in my mind about the expectation of inheritance, as well as the need to address and consider how well any of us are prepared for those end-of-life experiences that none of us will avoid. Like so many other topics, I don’t have any answers but I think it is SMART for us to be thinking about and be willing to consider our own personal exit strategy for when the time comes. [Read more…]