Senior Debt Articles

  • Am I responsible for my parent's debt?

    Do caregivers have to pay for their elderly mom and dad's medical bills?

    3 Comments
  • Are Adult Children Responsible for Their Parents’ Debt?

    Many adult children are unaware of their parents’ financial situation until they step in to help manage money or begin the probate process. If you find that a parent has racked up some debt, it’s normal to wonder if you may be on the hook for repayment.

    33 Comments
  • Filial Responsibility and Medicaid

    Many adult children and caregivers are concerned about how their parents' debts will be handled once they pass. For parents who are in long-term care facilities, there may be some states where children might be responsible for their bills.

    10 Comments
  • How to Put an Elderly Loved One on a Budget

    Putting an elder on a budget can be tricky, especially if they rely on a fixed income. Learn how to evaluate their assets and expenses and develop a monthly budget.

    1 Comment
  • Credit Card Strategies for Retirees

    Discover tips for how to manage credit card debt during retirement.

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