Tuesday, June 19, 2007

We hear so much about caring for aging parents these days that at times it feels that children are in a no win situation. Care-giving involves making difficult decisions which should be handled with as much thought and discussion as possible. Thanks to Daniel Taylor, a 20 year veteran of the financial services industry, an attorney, and president of his own North Carolina-based advisory firm, for showing us an intelligent way in dealing with the emotional, practical, and financial challenges of caring for aging parents. Taylor has put together an excellent guide book, The Parent Care Conversation: Six Strategies for Transforming the Emotional and Financial Future of Your Aging Parents where he presents a system that he developed that grew out of his own experiences in dealing with his father's care.

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