Via the Will, Trusts & Estates Prof blog, comes this Financial Advisor Magazine article about various challenges faced by younger generations in caring for aging parents and older generations. As the American population ages and demographics shift, older and younger generations would do well to consider how best to care for parents and older generations, and how best to plan one’s own long term care, including retirement, Medicare, and Medicaid planning, and long term care insurance, as assisted living or nursing home bills can often devour an individual’s hard earned life savings within a few months or years. Call or email me if I can help you explore these issues and figure how to best care for aging parents or plan your own long term care.

(c) 2011, Stephen M. Johnson, Esq.