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We actually purchased a property for my mother to live in.
That way, you wont have to worry about tapping into your retirement savings to help them out.
Tough conversation could help you set boundaries and provide much-needed clarity ahead of emotional decisions.
Campbell stressed the importance of planning ahead while things are calm.
Youll want to discuss options and make decisions together with your parents.
Act now while things are relatively calm to locate and organize you and your loved onesfinancial and legal documents.
This includes any investments, pensions, Social Security, VA benefits and insurance policies, she said.
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