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The Smart Way to Resolve Family Fights About Your Aging Parents

We're looking at something we know is painful: family conflicts. Sibling battles.  Arguing with your aging parent. Do you have a dispute going on in your family? As parents age, many problems can crop up among adult siblings and sometimes with the elder himself.  Many of these problems arise from financial…
Mikol Davis
October 14, 2013
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We Always Think We Have More Time, Aging Parents Health

Even if your loved one is in poor health, you still never think of it. No one plans for a sudden passing.  I’ve just had a shocking awakening. Our friend, colleague and I were emailing each other about a recent video product we created together.  He had just done some edits and…
Mikol Davis
April 10, 2013
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Fixing Family Fights About Aging Parents Finances

Have you had to deal with this? Some families are being torn apart about disagreements over finances, care, aging parents and each other's roles. It often looks like this: Imagine that you have an aging loved one who has cognitive impairment.  You are aware that your loved one is "slipping".…
Mikol Davis
February 23, 2013
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Are You on the Hook for Mom's Nursing-Home Bill?

Are You on the Hook for Mom's Nursing-Home Bill? •    By KELLY GREENE, Wall Street Journal Thought you were immune from your parents' debts? Not so fast. Twenty-nine states have "filial support" laws that could be used to go after patients' adult children for unpaid long-term-care bills. In at least…
Mikol Davis
June 25, 2012
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How to Handle Money for Aging Loved Ones

How to Handle Money for Aging Loved Ones ..downloadable E-Book $9.95 How to Handle Money for Aging Loved Ones $9.99 Volume 6 of this series gives any person responsible for handling money for an aging loved one solid tips on how to do the job correctly and legally. Don't know…
Mikol Davis
November 29, 2011
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A Sure-Fire Strategy To Calm Family Conflicts

We’ve all experienced them. Family conflicts can be some of the most emotionally painful of all. The struggles we have with aging parents are coming up for more of us Boomers because we are getting older. Our parents are living longer and longer. Research shows us that most Boomers still…
Mikol Davis
November 5, 2011
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Beware of This Financial Advice About Aging Parents

Have you ever heard this? “Your dad paid taxes all his life. Let the government take care of him.  He should get rid of his assets so he’ll qualify”.
This may be considered “good” advice by some financial planners.  Here’s why I usually consider it terrible advice. What the financial advisor…
Mikol Davis
November 5, 2011