Avoiding conflict in caring for a declining parent

Transitioning to a position of more dependency on children can be a difficult thing for parents, especially those who pride themselves on their independence. The transition can be difficult not only on a personal level, but also on a family as a whole, particularly when there are disagreements about how to handle the transition as a family.

Of course, it is important to get all the necessary documents in place for an aging parent. This includes a will, a health-care directive, power of attorney, trusts and other estate planning documents. But beyond these particulars, it is important to work on relationships within the family. 

Communication, of course, is critical in getting through any family challenges, and the transition of a parent to being dependent is no different. But knowing the right time to talk can make things easier. There is no specific age or time that the best to begin discussing the issue. It really depends on a number of factors, including physical and mental health, the amount of wealth involved, and how complex the estate plan will be, among other things.

In speaking about how to handle a declining parent's affairs, it is important for children to remember that it is a privilege, not a punishment. Viewing it as a burden, or an opportunity to get something for oneself, is sure to create problems. As far as which siblings take on which responsibilities, it depends on what skills, strengths and sensitivities each brings to the table.

Whatever specific strategies are used to manage assets for an aging parent, it is important that the process get started sooner rather than later and that everything stays up-to-date. This will ensure that planning is done carefully and that pitfalls and mistakes are avoided. 

Source: CNBC.com, "When Adult Children Become Financial Caregivers," Doug Cubberley, June 3, 2013. 

Mr. Teiger, Thank you very much for your time and results. I will definitely recommend you & your firm to anyone who wants to be treated professionally courteously and needs results.Hope all is well.Again...thank you. Regards, Paul L.

msg iconEmail Us For a Response

When you have legal questions or concerns, contact our team at Teiger Law Center, P.C., by calling 678-374-7645, 800-780-2275 or reach us via email by completing our online contact form. From our Cumming and Alpharetta law offices, we represent clients in the Atlanta metro and throughout north Georgia.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Cumming Office
514 West Maple Street
Suite 101
Cumming, GA 30040

Toll Free: 866-726-2153
Phone: 678-374-7645
Fax: 770-406-8858
Cumming Law Office Map

Alpharetta Office
12600 Deerfield Parkway, Suite 100
Alpharetta, GA 30004

Toll Free: 800-780-2275
Phone: 678-374-7645
Fax: 770-406-8858
Map & Directions