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Start the Elder Care Conversation

May 5, 2022

From the Kiplinger website

Many people don’t have a plan set where an elderly parent will go. Do you?

Judging from the e-mails I receive, it’s reasonable to assume that a fair number of retired Kiplinger’s readers are involved in the physical and/or financial care of a spouse, parent or other family member.  And it also appears likely that many of them didn’t factor the caretaker role into their planning. 

Reader Ira Worden writes that after his father became mentally incompetent, he took over his father’s duties as trustee of a family trust and managed his mother’s finances. “But my father had been faking being okay for a while, which I learned after I managed to figure things out,” says Worden. “This was not an easy or planned handoff!” 

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