When Is It OK For Elderly To Default on Credit

A client just left our office with a concern I’m
seeing more frequently.
Her elderly mom can’t afford the high cost of health care
and may have to default on credit cards.
The daughter (our client) has believes in
paying credit card bills on time. To her it is a
sacred duty to protect credit ratings. She worries
that if her elderly […]

Should Siblings Be Paid For Caring For Mom Or Dad?

Kevin Hoffberg at My Decide raised yet another interesting question: Should siblings be compensated for caring for mom or dad?
It’s a controversial question that really started me thinking. Like all good questions, this one raises more questions than answers.
On the surface, it seems like a good idea particularly when a sibling (typically a daughter or […]