This year I have taken a novel approach. Instead of buying her something I think she wants, I am getting her something I know she needs… peace of mind. How can I do that you ask? Easy. If your mom is like mine (and whose isn’t?) she worries. She worries that this downturn in the economy is never going to end. She worries that my brother’s company is going to lay him off. She worries that I’m not busy enough with my clients at my new office. She worries about everyone so much and I know she worries about herself as well. After all, the cost of everything goes up while her and my dad’s pension are fixed. I know this worries her.
So this year, I am gifting her peace of mind. I am going to sit down with my Mom and discuss her financial and estate plan. I am not going to meddle – I’m not going to direct to whom she leaves her estate. Like most kids, I want my mom to enjoy the fruits of her labour and spend all her money on herself while she is alive. But, like most parents, I know she won’t.