In this episode of The Ascent, Sam McGee from Crestmont Private Wealth discusses essential considerations for aging parents and their families. Covering topics like legal documentation, income planning, healthcare, family communication, and fraud protection, Sam shares practical advice and real-world experiences to help families navigate the complexities of aging and wealth management. Whether you’re planning for your own future or supporting loved ones, this episode offers valuable insights to ensure peace of mind and financial security. Contact: [email protected] 00:00 - Introduction & About Crestmont Private Wealth 00:43 - The Importance of Planning for Aging Parents 01:23 - Key Financial and Family Considerations 02:14 - Legal Documentation: Power of Attorney, Wills, Directives 04:49 - Beneficiary Designations & Routine Audits 05:49 - Income & Cash Flow: Social Security Decisions 06:48 - Timing Social Security & Spousal Benefits 07:52 - Family Communication Styles & Challenges 09:19 - Transparency and Annual Family Meetings 10:07 - Specifying Wishes & Estate Planning 10:47 - Shared Access & Trusted Contacts 11:58 - Technology for Safety & Monitoring 12:44 - Fraud Protection: Trends and Best Practices 14:33 - Consolidating Accounts & Simplifying Finances 15:13 - Recap: Key Takeaways for Seniors and Families 16:00 - Closing Remarks & Contact Information Original Air Date: September 27, 2025 at 8:30am as heard on Boerne Radio 103.9FM Contact:  www.crestmontpw.com  Alec Walker in Houston:  831-280-5288  Sam McGee in Boerne: 830-368-2898See omnystudio.com/listener for privacy information.

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