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BackHow adult children can help aging parents manage finances
How adult children can help aging parents manage finances
Finance
CNBC5/15/2026Finance

How adult children can help aging parents manage finances

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Adult children can help aging parents manage finances by starting gentle conversations, understanding their financial organization, and considering legal options like power of attorney, while being cautious of joint ownership due to potential legal and tax implications.

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Adult children can help aging parents manage finances by starting gentle conversations, understanding their financial organization, and considering legal options like power of attorney, while being cautious of joint ownership due to potential legal and tax implications.

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This article was originally published by CNBC.

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