There are a lot of stories these days about grown kids moving in with parents because they’re unable to find jobs. But the converse is also happening: parents, especially elderly parents, moving in with the kids.
The personal finance site, MyBankTracker.com, recently posted a very useful short article, Tips for Caring for Your Elderly Parents. The article highlights four areas:
- Finances first
- Prepare your home
- Connect to the neighborhood
- Look into tax breaks
