Tax season is the perfect time to discuss financials with elderly loved ones

By Patricia Grace

Aging with Grace


Forbes.com reports that tax season is an ideal time of year to help your parents assess their financials.

With the right preparation, what might seem an overwhelming process of collecting paperwork and scouring for deductions can become relatively pain-free. From managing healthcare costs to determining a final resting place, as parents reach their twilight years responsibility for their well-being, health and financial stability can increase on their children. All too often, these concerns are exacerbated by the death of one parent, leaving the surviving spouse in a state of confusion or despair.

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