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Eldercare
Reply to "What's the best elder model to unburden our own children"
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[quote=Anonymous]#1 - Get rid of your house and all your shit. If you do this, your ahead of plenty of people. #2 - Legal and financial affairs in order. To include, if you have one parent caring for another parent who is not capable of making decisions, have a plan in place for what to do if caretaker parent dies first. Many things may be held jointly and when the caretaker parent dies, it's a barrier in place when the other parent is still alive but can't function. It's not as easy as a power of attorney, financial institutions make this very difficult. Better to get yourself jointly on accounts when caretaker parent is still alive. #3 - Move some place near your kids when you do #1.[/quote]
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