Helping Families Navigate the Financial Challenges of Age Transitions

Category: Family Relationships (Page 1 of 4)

#FreeBritney Movement Prompts Lawmakers To Consider Changing Conservatorship Rules 

Britney Spears has been under a California-ordered conservatorship since 2013, and in recent years has tried unsuccessfully to have her father, Jamie Spears, removed. Attorneys for Jaime Spears have maintained that he “has always acted in the best interests of his daughter.”… Read the rest

At 93, She Waged War on JPMorgan and Two Financial Advisors—Her Grandsons – Bloomberg

 

Beverley Schottenstein said two grandsons who managed her money at JPMorgan forged documents, ran up commissions with inappropriate trading and made her miss tens of millions of dollars in gains. So she decided to teach them all a lesson.

Source: At 93, She Waged War on JPMorgan and Two Financial Advisors—Her Grandsons – Bloomberg

Covid Spurs Families to Shun Nursing Homes, a Shift That Appears Long Lasting – WSJ

Has COVID affected how you feel about nursing homes? Even if a loved one hasn’t become ill, many families have been unable to even visit their elderly relatives, which was especially difficult over the holiday season. This Wall Street Journal article discusses how COVID is causing many to consider other options.… Read the rest

How Covid-19 Will Change Aging and Retirement – WSJ

As the pandemic wreaks havoc on our mental and physical health, it is also quietly reshaping how Americans will face retirement and old age in the years to come.The virus is bringing sweeping change, mainly by “accelerating developments already under way,” says physician and entrepreneur Bill Thomas.

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Balancing Work and Elder Care Through the Coronavirus Crisis

Liz O’Donnell, founder of Working Daughter, a community for people balancing eldercare and career, and the author of Working Daughter: A Guide To Caring For your Aging Parents While Making A Living (Rowman & Littlefield, 2019.) penned an article for the Harvard Business Review providing tips for those already in the sandwich generation, but now with the added challenge of working from home.… Read the rest

Calling Aging Parents, the “New Children” is demeaning and ageist.

A recent Fox Business News report that otherwise does an admirable job of discussing the challenges faced by families with aging parents nevertheless steps over the line with the title of its report. While likely unintentional, the title of the story – “Aging parents are the new ‘children’ | Fox Business – is demeaning to older adults who are already fighting to preserve their dignity and overcome ageist attitudes towards them.… Read the rest

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