It can be difficult caring for elderly parents, especially if your parents are suffering from dementia or Alzheimer’s disease. Caring for elderly parents is a situation that more and more children are facing as the average age of senior Americans continues to increase due to the availability of better healthcare and improvements in lifestyle choices. Americans are living longer than ever before; therefore, it is important to discuss issues related to caring for elderly parents in addition to making end-of-life decisions.
While some senior citizens may have completed the estate planning process, your elderly parents may or may not have taken those steps. Furthermore, many senior citizens have a will or other estate planning documents that relate to probating their estate but they have failed to plan for incapacity prior to their death.
Matters You Need to Discuss in Anticipation for Caring for Elderly Parents