How to Help Elderly Parents Downsize or Stay in their Homes
Key insights:
As parents and relatives age and become less independent, it’s important to proactively discuss their future living arrangements.
While decisions about aging can be emotionally taxing, removing some of the logistical concerns can help minimize the overall stress.
It may be important to set up a Power of Attorney (POA), which names a designated decision-maker in the event that your parent is unable to make their own choices.