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Contrary to what we’ve been led to believe, senior living isn’t always the way it’s portrayed in glossy sales brochures and magazine advertisements. Rather than being a carefree period of life spent on the golf course and traveling around the world, for many of today’s seniors those “golden years” are incredibly stressful times.
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Keeping Mom and Dad Safe at Home
Generally, elderly parents want to remain living in their own home. However, remaining in the home becomes a concern when children see their parents slowing down, perhaps even having trouble with handling stairs and doing general daily activities. Yet, with parents’ mental and physical health currently not creating problems, there seems to be no imminent need to search out support services or other accommodations for aging parents.
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Memory loss is something we all experience in life. We forget familiar names, we cannot remember where we left our wallets and purses the previous evening, and we can’t remember everything needed at the grocery store without having a list. This type of memory loss is perfectly normal and as we age, such mild forgetfulness may start happening more and more.
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I was recently asked “Am I responsible for my parent’s debt? What if as a caregiver, I recently discovered that my father has several thousand of dollars of debt. Are parent debts transferable?”
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