Estate Planning – Caring for Older Parents

Parents and children continue to be dependent on each other even as they grow older.  Parents may become incapacitated.  Life may become emotionally or financially difficult for them.  They may even become dependent on their children financially.  Adult children need to discuss these issues with  their parents or misunderstandings can develop.  Having an Estate Plan can help parents plan for this situation in advance.  Including adult children in this Estate Planning, can also prepare the whole family in advance.

Adult children should, also, be prepared with their own Estate Plans, in case the opposite happens and suddenly it is the adult child, once again, dependent on the parents.  This Estate Plan should be shared with the parents, so that they will understand their child’s wishes.

Need help with your Estate Plans?  We can help.

Todd Courser 810-245-0813

 

Leave a Reply

This blog is kept spam free by WP-SpamFree.