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What To Do When Your Stubborn Aging Parent Makes Bad Financial Decisions

Do you have a stubborn aging parent? Are you worried that he or she is doing unsafe or just plain dumb things? You’re not alone. Here at AgingParents.com, we see this scenario often, and it’s frequently about control over the family finances. Here’s an example, based on a real case…

Carolyn RosenblattApril 24, 2023

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The Case of the Missing Cash

This really happened. George is 90 and is generally doing well, but he has a few memory problems. His wife, Gloria worries about him keeping track of things. He has a full-time caregiver from a qualified agency. He goes to the gym for an hour every day. The caregiver drives…

Carolyn RosenblattApril 24, 2023

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In Case Of Emergency: Are Your Aging Parents’ Legal Documents In Order?

Just about everyone understands that our elders are at risk of health crises just because of age. Covid taught us a lot about emergencies from an unanticipated source. Most of us understand that our aging loved ones are vulnerable, especially those over 65 years old. Chronic medical conditions like high…

Carolyn RosenblattFebruary 23, 2023

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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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Impaired Aging Parents Managing Real Estate Who’s Minding the Store?

Impaired Aging Parents Managing Real Estate Who’s Minding the Store? We’re seeing it more and more now at AgingParents.com: elders as landlords who can’t do the management job any longer. Sometimes it’s the adult children who bring the issue to our attention. They see Dad failing maintain those rental houses…

Carolyn RosenblattApril 12, 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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Ten Step Checklist For Smart Retirees

Ten Step Checklist For Smart Retirees Reaching retirement age is maturity, and a different responsibility for us and to our loved ones. Every person needs a checklist to ensure that their new status includes preparing their families with essential information and paperwork 1- Decide whom you want to communicate…

Carolyn RosenblattMarch 16, 2018

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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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Three Ways Families With Aging Parents Can Stay Out of Court

Do you get along with everyone in your family? Lots of people don’t. Old conflicts can rise up when aging parents start to decline in health and need help. When there is conflict in families, it can sometimes escalate to the point that the parties involved hire lawyers. After that…

Carolyn RosenblattMarch 23, 2015

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Who Is Competing For Your Aging Client’s Attention and Dollars?

Competition for clients has always been there, but as investors age, something you might not have anticipated can happen. The vultures are out there. Competition with you for their invested assets can become an increased threat when an older client’s judgment is compromised. With impaired judgment, they might fall for the “free meal” seminar, a…

Carolyn RosenblattMarch 21, 2015

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