Helping your elderly parents with estate administration and finances can be a tricky thing to do. It can be frustrating for both parties. In addition, it can cause hurt or embarrassment for your parents. If you go about it with discretion and respect, though, you can streamline your parents’ finances and remove a lot of stress from your and their lives. Ultimately, by communicating properly, budgeting, simplifying their affairs, and working out legal issues, you’ll be able to help your elderly parents with their finances.
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