Looking for strategies for parents as the approach 80. Currently they are in good health but one is starting to have memory issues. Financially they are fine, they own their home have a nest egg that should last. Dad mention we should talk recently about this so he seems ready. I don't want to take control, just have visibility.
Wondering if they need a trust of some other vehicle to manage the transition to me. How can I start organizing their bills and income into some budgets so I know the income and payments? In an ideal world, what would be the best plan?
Submitted September 11, 2017 at 10:02AM by bct7 http://ift.tt/2eQE8F6