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When you were younger, your parents may have had to intervene when you bounced a check for the first time, or spent more than your paycheck could cover. But now that you’re grown, roles may have shifted quite a bit — and now, you’re the one who may need to intervene to manage or protect your parents’ finances.

Would you know how to take care of your elderly parents’ finances? Would you know how to take over your parents’ finances, especially in a crisis? Do you have access to all the information you’ll need in case something happens?

Though it may not be an easy conversation to have, it’s an important one. You’ll need to have a realistic picture of your parents’ financial situation — especially if you sense they’re having difficulty managing their affairs. To learn about the 4 steps that can help the process go more smoothly, CLICK HERE.

“Aging is an issue of mind over matter. If you don’t mind, it doesn’t matter.”
– Anonymous

A surprising number of things get better with each passing year: whiskey, blue jeans, leather boots, cheese, wine, antiques, trees and friendships. You know something else that gets better with age? You. Think about it. If you agree that your favorite blue jeans get better and better every time you put them on, that may be because you’re overlooking the negatives. The faded color. The thinning patches of material. The same is true for adding another candle to your birthday cake. You can either think about the negative stereotype of getting older — aches, pains and slowing of some cognitive functions — or you can embrace the positive stereotypes of aging. To find out nine things that get better with age, CLICK HERE.

Are there certain charities that move you to grab your checkbook? If you value their causes, consider supporting these charitable organizations long term with a program of planned giving.

What is a planned giving program?

Planned charitable giving is a mechanism for donating that can help maximize your gifts, reduce your tax liability, and maintain your assets. Even better, your generosity doesn’t have to wait: You can start giving today.

To learn more, CLICK HERE.

Parkinson’s disease (PD) isn’t always easy to spot at first, but it’s important to be aware of the symptoms early on as thousands of cases go undetected each year. Whether Mom’s hands are shaking more than normal or her movements are “delayed,” getting her symptoms checked out with a neurologist is the first step to getting the treatment she needs.

As your Dad’s caregiver, you’ve spent a lot of time—and money—providing him with the support he needs. You’ve found that you’re not only emotionally drained but financially drained, too. Fortunately, being Dad’s caregiver, there are caregiver tax deductions that can lessen the strain a bit.

To learn more, CLICK HERE.

Senior living communities have a lot to offer seniors—but one opportunity may surprise you. Many residents become active volunteers. Seniors have time and talent to offer, and by joining together with other residents, can make an impact with their volunteering. The opportunities for getting involved can be wide-ranging, from helping young children read, to working in a communal garden, to gathering items for charity.

If Mom lives in an independent living or assisted living community or is thinking of making a move, encourage her to think about getting—and staying—involved. These activities aren’t just beneficial for those being helped, but they’re beneficial for her, too. To learn how, CLICK HERE.

Have you noticed that Dad is more irritable than he used to be? Has there been a change in his sleeping patterns? These may be due to recent life-changing events, but they also could be signs of medication mismanagement.

As Dad ages, his memory may not be what it used to be. He may accidentally double up on a medication because he thinks he forgot to take it. This may be a sign of a medication management or memory issue. Fortunately, there are solutions to help him remember and minimize the chances of him accidentally taking two doses.