Many aging parents are still able to manage their finances and the important aspects of their daily lives by themselves. They don’t need to rely on their children, so they don’t see the need share their information with them. But what happens should an accident or sudden emergency should occur? What happens when Mom takes a fall, or Dad suffers from a heart attack? In these situations, it is important for the children to know where any documents or personal affects of importance may be. Below is a link to an article that lists out some of the most necessary information to share with your children before an emergency strikes.
What to Expect
Aging in America can be a difficult process. Many of us believe that we’ll be able to rely on our children to care for us as we become increasingly unable to do so. We raised them, we provided for them, so why shouldn’t they feel obligated to return the favor in our golden years?
Unfortunately, this plan may not be the safest bet.
What happens when our children, having lives of their own to worry about, can’t be there for us? Or what about those of us who decided not to have children at all?