Managing a parent's finances is a reality many children will face. In fact, about 22 million people age 60 or older have selected someone to make financial decisions on their behalf. Because the shift can happen suddenly, due to illness, an emergency, or a decrease in cognitive abilities – it is best to be as prepared and organized as possible before an emergency occurs. Knowing what to do when the time arises will mitigate stress and help ensure investments are protected.
Budgeting & Finances
Managing Your Parents' Finances
Budgeting & Finances, Independent Living
How to Pay for An Independent or Assisted Living Community
When you no longer feel comfortable living alone or you would like a reprieve from the stresses that come from owning a home, senior living is a great option. By beginning the research into senior living communities you can be prepared to make decisions in the future.