Friday August 22, 2008 - Financial Roles: When You Are Somebody's Adult Child

[0:00] ..." The financial roles in our lives with certified financial planner Dee -- we wrap up the series today with. The financial role all of the adult child when one of the tables turn. -- Anthony to switch roles with your parents you know. You may begin to see the physical decline. They can't maintain their garden dad"...

[0:55] ..." expected spent seventeen years caring for child. An eighteen years caring for elderly parent more time caring for an elderly parent in the trial room. -- need to talk to your parents. This -- be heart conversation to have you know would you"...

[1:40] ..." wills are something should happen to you that could happen was the prosecutor will. -- important papers. -- me help you organize them. I'd be happy to spend Sunday doing now with you many those"...

[0:00]" The financial roles in our lives with certified financial planner Dee -- we wrap up the series today with. The financial role all of the adult child when one of the tables turn. -- Anthony to switch roles with your parents you know. You may begin to see the physical decline. They can't maintain their garden dad needs -- help them with the air conditioners in and take them out now. -- having trouble balancing your checkbook on the computer even though you set it up for her. Visceral signs of normal aging nothing be too concerned about the need more than that's Saturday or Sunday afternoon your time. What do they need financial help. To stay in their home. Are you prepared for that ask that question to win they'll need more help it true and there's estimated 35 million persons over the age of 65 and only one point five million residing in nursing homes. So those who -- their own homes are relying on family neighbors friends to help take care of them cure. The average Wilmington expected spent seventeen years caring for child. An eighteen years caring for elderly parent more time caring for an elderly parent in the trial room. -- need to talk to your parents. This -- be heart conversation to have you know would you start. I know you know if you thought their conversation with you about sex -- tough when -- editors to -- to offer this is more awkward you know. In other hard questions asking you can expect there answers to be not neared she gave us. Don't give up. They're well being depends on their having enough income and assets to maintain their lifestyle some questions to consider. Mom dad are you concerned about running out of money. You know sitting need your help physically or financially and have they done their state planning tell amused and yours. In a town of where your wills are something should happen to you that could happen was the prosecutor will. -- important papers. -- me help you organize them. I'd be happy to spend Sunday doing now with you many those questions we talked about an earlier -- we have and you know and again the feedback from listeners have been so positive that I bring it up again. But these are very important because. If someone's adult child you'd do you have an added responsibility he may be switching roles that your parents and doing the parenting thing. Innate need be concerned about where they're going to live. Do they have enough money are they getting enough to eat all the things they worried about when you -- asked those questions but goes slow. Very slowly check the website wbz1030.com. Have a good weekend with a war tomorrow here on WBZ news radio ten there."