Peace of Mind for Your Aging Parents: A Financial, Legal, and Psychological Toolkit for Adult Children, Advisors, and Caregivers, 1st Edition

  • Kenneth O. Doyle
  • Larry K. Houk
  • Published By:
  • ISBN-10: 1440859329
  • ISBN-13: 9781440859328
  • DDC: 332.024
  • 264 Pages | eBook
  • Original Copyright 2018 | Published/Released March 2019
  • This publication's content originally published in print form: 2018

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Dying is complicated. It presents myriad challenges at a time when people are least prepared to deal with complexity. Typically, aging people turn to their adult children and grandchildren, caregivers, and professional advisors to guide them in their final years. This book is aimed directly at the children and grandchildren of aging parents to prepare them for meaningful conversations with their parents and among themselves. It gives them the tools they need to communicate knowledgeably with caregivers and professional advisors and to make important decisions with, or on behalf of, those who depend on them. The authors provide legal and financial tools and techniques, including wills and trusts, cash management, and investment planning, approaching each from both a financial and a psychological perspective. They also explain with clarity and compassion the end-of-life challenges that people face and how to deal with them through psychological and spiritual engagement.

Table of Contents

Front Cover.
Half Title Page.
Title Page.
Copyright Page.
1: Introduction.
Worries You Can Control.
2: Legal Matters.
3: Legal Worries.
4: Legal Tools.
5: Legal Techniques.
6: Advanced Legal Techniques.
7: Financial Matters.
8: Financial Worries.
9: Financial Tools.
10: Financial Techniques.
11: Advanced Financial Techniques.
12: Complicated Assets.
13: Real Estate.
14: Retirement Plans.
15: Life Insurance.
16: Business Interests.
17: Special Assets.
18: Scams.
19: Sensitive Decisions.
20: Housing.
21: Healthcare.
22: Prolonging Life versus Hastening Death.
23: Remains.
24: Disagreements with Parents.
Worries You Can’t Control.
25: Finding Peace and Happiness.
26: Peace through Psychology.
27: Peace through Religion and Spirituality.
28: Happiness, Even Joy.
Appendix 1 A Primer on Financial Products.
Appendix 2 Recommended Changes in Laws, Regulations, and Covenants.
Further Reading.
About the Authors.