7 Money Issues To Consider When An Elderly Parent Moves In With You

Subscribe to our FREE weekly newsletter at https://seniorsafetyadvice.com/email-signup/ Listen to our podcasts https://seniorsafetyadvice.com/senior-safety-advice-podcasts/ What kind of money issues do you need to think about before an elderly parent moves in with you? Moving your senior mom or dad into your home requires a lot of calculating whether you (or they) can afford it - including any potential remodeling costs, salary / income replacement, as well as other considerations. (*Note: although privacy is not a financial concern, we thought it was something very important to address!) #elderlycare #seniorcitizens #seniorsafetyadvice #moneyissues Our articles: https://seniorsafetyadvice.com/financial-issues-to-consider-when-an-elderly-parent-moves-in-with-you/ and https://seniorsafetyadvice.com/taking-care-of-an-elderly-parent-in-your-home/ CHAPTERS 00:00 Intro 00:52 Remodeling Costs 03:16 Parent's Financial Contributions 04:40 Estate Plan 05:30 Transportation 06:10 Insurance 06:56 Taxes 08:12 Privacy Concerns Click the Subscribe button [above] to be notified of new Senior Safety Advice videos as they are released. Recommended Senior Safety Products: - Mangar lift cushion https://amzn.to/3hZtCfq -IndeeLift to help someone get up from a fall: https://amzn.to/3Zwd3eS - RangeSafe stove safety knobs https://amzn.to/3MGHucv - Medline Bed Assist Bar https://amzn.to/3tamZxn - Bathtub lift https://amzn.to/3hU21wd - Amazon Echo Show https://amzn.to/3Cwp1L7 - Kidde Carbon Monoxide Detector https://amzn.to/3J84H5d - Blurams Indoor Security Camera https://amzn.to/3MA2lhL - Drive Medical Kitchen Stool https://amzn.to/3t35BKR - Able Life Tray Table https://amzn.to/3CvLdFg - Large Print Password Keeper Book https://amzn.to/3vUKP1N ***** Medical and legal disclaimer: We are not attorneys and this video should not be considered legal advice. Likewise, we are not physicians or medical professionals. Senior Safety Advice assumes no responsibility or liability for the completeness, accuracy, or reliability of this information. Any action you take upon the information on this channel is strictly at your own risk and we will not be liable for any losses, and damages in connection with the use of our channel. The content we share on our videos are not intended to be a substitute for professional legal or medical advice, diagnosis, or treatment. Always seek the advice of an attorney for legal concerns or your physician or other qualified health provider for help and/or with any questions you may have regarding a legal or medical condition. Affiliate disclaimer: Any affiliate links mentioned in this video or description will allow you to find the items and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support!