This is a tough but absolutely necessary one. No one likes to talk about nursing homes and funeral arrangements, but ignoring the inevitable will only create major problems. Sit your kids down and tell them what you would like to happen if you are incapacitated and when you die. Do you want to live with one of them? Would you move to an assisted-living facility? Would you like to be buried or cremated? Even if you have it down in writing, having a face-to-face discussion will give everyone more peace of mind.