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Author Question: Suggest four ways children of older parents can be better financially prepared to take care of their ... (Read 44 times)

geoffrey

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on: Jun 18, 2018
Suggest four ways children of older parents can be better financially prepared to take care of their parents.
 
  What will be an ideal response?

Question 2

Currently, about ________ of American couples cohabit without marriage.
 
  A) 5.1
  B) 8
  C) 15.5
  D) 32


isabelt_18

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Reply #1 on: Jun 18, 2018
Answer to Question 1

The student should assert that older children who carry the burden of caring for their aging parents can be better financially prepared if they buy their parents home and rent it back to them, buy their parents valuables to keep them from being taxed or assessed, take tax deductions for supporting elder parents, and urge elder parents to buy assisted living insurance.

Answer to Question 2

B


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