Author Question: Suggest four ways children of older parents can be better financially prepared to take care of their ... (Read 59 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
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

  • Sr. Member
  • ****
  • Posts: 342
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

For a complete list of videos, visit our video library