As more of the population ages, parents and children are switching caregiving roles. Many families have not prepared for the emotional and financial realities of this change in the family dynamic.
Recently, Carol Roth, the creator of Future File, wrote about what you should be doing if you are aging or your parents are aging. She covers:
-How to Have a Family Discussion;
-How to Put Your Family Affairs in Order (and What to Include);
-How to Figure Out Your/Your Parent’s Long-Term Financial Needs; and
-How to Keep Family Members Involved
Check out the article, which is on FoxBusiness.com here.