More on helping with aging parents’ finances
The Naperville Sun has a good article, Boomers should be gentle in aiding aging parents with estate plans.
I know I talk about this topic a lot, but, I cannot tell you how much I was just like you: raising young children, going to work, and going about my suburban existence, and, one day woke up smack in the middle of the Sandwich Generation, and, was faced with these matters.
Even if you don’t think you’re anywhere near this scenario, do read it, and, try to find something you can learn from it. It’s never too early to talk about such things, even if you begin simply by asking your parents where their important documents are located in case of an emergency.
Tags: Aging Parents, estate-planning, finances, Naperville-Sun, sandwich-generation
2 opinions for More on helping with aging parents’ finances
Pat
Apr 28, 2007 at 6:27 pm
Elizabeth, I can’t agree too strongly about this. I write a lot about this on my blog at http://www.generationsandwich.blogspot.com. I saw the wisdom of this recently when my step dad passed away. because I had been very involved in their finances for years, I knew where everything was and what the issues might be. My mom, of course, was still available, but it was nice to be able to handle much for her since I was conversant with all the details. Now I need to know even more since the next one will fall entirely to me.
Nashville is Talking » A Looming Problem
Apr 29, 2007 at 10:05 am
[…] caught this post over at GenBetween, and wow what a resource that site is for all of us. If you have parents approaching “that […]
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