A few people requested that I repost a response from awhile back. When giving The Talk, there's a playbook that many LLs will use (a/k/a the "LLitany") It was a response to a HLM, hence the LLF slant. I've updated it. Feel free to add.
Before deploying "The Talk", consider what you want out of life and whether or not your LL absolutely has to be part of it. If so, you're kind of in a pickle. If not, put all options on the table. Meet with a lawyer ahead of time, just in case things don't work out well (there's a high chance this blows things up--that's okay, though, as it means the relationship was already dead to begin with, and you were just wasting time.)
Before doing your version of Th