Four big sensitive cash conversations to have with family

The seasonal break is often a time for family, which makes it the perfect opportunity to tackle money matters usually left unspoken.

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Finance can be a taboo subject in some families, yet frank discussions now can prevent confusion and disputes further down the line.

Andrea Tarasheva, wealth planner at RBC Wealth Management, said grandparents, parents and grandchildren can be nervous about raising the topic in case it appears intrusive or insensitive: "But tackling delicate discussions now can help your loved ones deal with issues and avoid confusion or even resentment over critical family issues."

TEACH THEM A LESSON