How to talk to your parents about inheritance

  • iStockphoto

    By Cameron Huddleston/GOBankingRates

    Do you expect your parents to leave you a financial legacy? Nearly half of working-age Americans assume that they will receive an inheritance that will support them later in life, according to a recent survey by financial services company HSBC.

    Perhaps the bigger question, though, is how to even approach this topic with your parents. "No matter how you look at this, it's such a sensitive issue," said Gwen Morgan, author of the "What If ... Workbook," a guide that helps people give loved ones necessary information if anything happens to them.

    You don't want to appear greedy by asking your parents, "Do I have an inheritance?" But, you do need answers to certain questions to ensure that your parents' financial wishes are carried out and there is a smooth transition of wealth and assets.

    Here's how to approach this touchy subject and get the information you need.


    This article, How to talk to your parents about your inheritance, was originally published on GOBankingRates.com.