Caring for Aging Parents
- Caring for your aging parents
How will your aging parents be cared for down the road? If your parents won't discuss their care, you'll need to prepare a plan of your own. You should make a record of things such as their medical providers, financial and legal information, burial plans, the location of their insurance policies and wills, and relevant account numbers. Where your parents live may depend on their health, but you don't have to care for them on your own. Instead, ask for help from family members, caregiver support groups, and community services.
- How do I talk to my elderly parents about their finances?
- Important Questions to Ask Aging Parents
Remember "the talk" your parents initiated (maybe) with you many years ago? Well, now it's your turn to sit on the opposite side of the table. If you're the adult child of aging parents, it's important to open up a conversation about their future needs and wishes.
- Long-Term Care Planning Is Important for Women
The prospect of needing long-term care is an important, yet sometimes overlooked, part of financial and retirement planning. Yet it may be especially vital for women to consider as they often face the need for long-term care as both a caregiver and recipient.
- I paid my mother's real estate taxes last year. Can I deduct this on my tax return?
- My parents can't manage alone anymore. What should I do?