Parents discussing personal finances with their children can be awkward. In fact, only 32% of boomers have fully disclosed their financial situation to their kids, according to survey from U.S. Trust. But having “the talk” addreses any financial questions, concerns or expectations each side might have as parents get older. It can also go a long way in dealing with the parental estate in the event of a death. Fortunately, this discussion can be very general without a lot of detail, but should include estate plans and where a list of accounts, records, passwords, etc. can be found.