Ep 107 | Advice For Elderly Parents Care From Guest Expert Asha Paulose

Wealthy After 40: Personal Finance, Financial Freedom, Debt Payoff, and Retirement Savings for Gen Xers

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In this podcast episode, estate and elder law attorney Asha Paulose discusses important steps in planning for aging parents' long-term care and financial needs. She emphasizes the importance of early and continuous conversations with parents and outlines critical legal documents like healthcare proxies and powers of attorney.

Asha explains common mistakes families make, such as mishandling property transfers and joint accounts, and highlights the role of Medicare and Medicaid in covering long-term care costs. She also offers advice on leveraging legal expertise to ensure both parents' and caregivers' interests are protected.

What You’ll Learn From the Podcast:

✅ Why long-term care planning is an often-overlooked aspect of retirement planning

✅ How to initiate difficult conversations with parents about aging and long-term care

✅ The key documents that families should have in place for protection

✅ Difference between Wills and Trusts

Whether you’re dealing with the complexities of long-term care planning or just starting the conversation, this episode provides valuable advice to help you protect your parents’ future and ensure their wishes are carried out.

Connect with Asha:

Website

Email: [e-mail]

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