Sometimes the idea of parenting isn’t just about kids, but also about your parents as well. When your mom and dad get past retirement age and into the ‘elderly’ category, there are a lot of decisions to be made, and the more you can communicate these details with each other early on, the better those decisions are going to be.
To make a point of this, consider living situation arrangements, the process of will-writing, moving financial resources around later in life, end-of-life care (like hospice, for example), and funeral arrangements. All of these can and should be dealt with when you are your parents are still both cognizant of consequences of decisions. [Read more…] about Late-Life Decisions For Adults and Their Parents