Talk To Your Aging Parents


by Wendy Mitchell - Date: 2007-07-10 - Word Count: 116 Share This!

Talking to your aging parents now about financial, legal, housing and long-term care issues can avoid many potential problems later on.

Here are a few topics suggested by The Eldercare Locator, a free service of the U.S. Administration on Aging:

1. Finances: What Social Security, pension and other financial assets will be available.

2. Documents: Be certain each family member has a will and an advance directive and knows where insurance policies and financial papers are located.

3. Long-term care insurance: What type of coverage is best for your parents or for yourself.

4. Housing: What is available to help your parents maintain independence in the home for as long as possible-such as home modification, home health assistance or chore service.

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To find out more about these issues, contact the Eldercare Locator at (800) 677-1116 or www.eldercare.gov. The Eldercare Locator is a free service of the U.S. Administration on Aging.As people age and live longer, financial, legal, housing and long-term care issues affect families, not just individuals.

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