Many Baby Boomers are finding that they are taking care of their children who are taking longer to move out of the house and also taking care of aging parents. Here is a link to an interesting Podcast about their predicaments.
Adult children of aging parents face many hurdles: the cost of care, longer lives, aging in place, family dynamics, trusts and estates, tax implications, etc. The earlier the family works through these issues the easier they are to process. Give me a call and I will give you an outline of the steps that many in your position find helpful.
Owen Halliday is a REALTOR who manages the Sereno Group Real Estate office in downtown Los Altos. If you have a subject you’d like addressed in a future column, Owen can be reached at firstname.lastname@example.org or 650-492-0062.