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Advance Healthcare Directive Finances For Aging Parents Power of Attorney for finances

Help Your Aging Parents Avoid This Common Mistake

Parents often want to be fair with their adult kids and may want to appoint them together on legal documents when they do their estate planning. That means that the adult children will have “equal decision-making ability” on things like the Power of Attorney for finances or the Advance Healthcare…

Carolyn RosenblattJune 19, 2022

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Will You Have To Support Your Aging Parents Some Day?

Will You Have To Support Your Aging Parents Some Day? For most adult children with aging loved ones who were responsible investors, there is a sense of security. There is nothing to worry about. They have a seven-figure investment portfolio, and they own their home outright. No one expects them…

Carolyn RosenblattMay 17, 2022

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Hard Conversations About End Of Life Wishes: Should Young Adults Be Included?

Hard Conversations About End Of Life Wishes: Should Young Adults Be Included? Talking about one’s end of life wishes is typically uncomfortable for most. We think of the subject as one for our aging parents to have with us when they are “old”. We don’t usually think it is a…

Carolyn RosenblattApril 11, 2022

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Difficult Aging Parents and Loss of Wealth-How Far Do You Let It Go?

Difficult Aging Parents and Loss of Wealth-How Far Do You Let It Go? By Carolyn L. Rosenblatt, RN, Attorney, AgingParents.com For some adult children who have unpleasant, oppositional aging parents, there is a strong motivation to stay out of their affairs. That’s understandable. No one likes to be yelled at…

Carolyn RosenblattJuly 19, 2021

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The Struggle: Taking Over Finances For Your Aging Parent

Here is a true story about an older person with cognitive decline who was being manipulated by his live-in girlfriend. His son was not sure of what he could do. Jay is an only child and his dad, Jeremy is 88, in failing health. Jeremy lives with his longtime girlfriend,…

Carolyn RosenblattDecember 6, 2017

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Intrusion or Just Being Safe? Monitoring Aging Parents' Finances

For most adult children with aging parents, there is often the dilemma of whether or not they should be involved with monitoring their aging parents spending habits. You want to honor their independence, but what if they show signs of slipping? Should you talk about it or just wait until…

Carolyn RosenblattJune 13, 2017

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Avoid These Three Retirement Mistakes That Can Make A Mess For Your Family

Retirement talk is on a roll. With 10,000 Boomers turning 65 every day, no wonder. But besides advice on how to "live the life of your dreams" and have a "secure retirement" there's some important information too few are taking about. That's the retirement-era mistakes people make that are pretty…

Carolyn RosenblattApril 7, 2017

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Removing Secrecy In Nursing Home Wrongdoing

After 25 years without changes in basic rules, the nursing home industry is finally being forced to reveal hidden wrongs that happen to residents. Nursing Home Until now, consumers were required to sign arbitration agreements when they were admitted to a nursing home. Taking a loved one to a nursing…

Carolyn RosenblattOctober 5, 2016