Caring for an aging or elderly parent or grandparent can be emotionally, logistically, and financially complicated. And if you're one of nearly 7 million Americans providing long-distance care, these arrangements be even more challenging.
Over at Time.com, financial planner Suzanna de Baca asks, "If you are living far from your elderly parent and he or she is in decline, what can you do to make it easier financially for you and your family?" Thankfully, this is not a rhetorical question. De Baca offers six tips for easing the financial burden and confusion of providing long-distance care, and suggests helpful resources to aid you in your care-giving.
Are you a caregiver for an aging parent or grandparent? If you are, what are your suggestions for ways to ease the financial burdens of care-giving?