When Parents Move In

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

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