Income Sources for Taking Care of an Elderly Parent?

Answer Caring for an elderly parent is challenging even under ideal circumstances. For many people, the emotional toll goes hand-in-hand with the financial toll of care, including the costs of food, medic... Read More »

Top Q&A For: Income Sources for Taking Care of an Elderly Pa...

Government Assistance for Taking Care of an Elderly Family Member?

Various governmental programs provide help to those in need, but many of them give special consideration to the elderly. Income guidelines, whether earned or unearned, and asset limits are usually ... Read More »

Can a parent take a child that she has not been taking care of since birth from a person who has been taking care of the child since birth?

You haven't mentioned whether there is any existing custody order. If the person who has been taking care of the child never bothered to formalize their authority and there is no legal guardianship... Read More »

How to Hire a Caretaker for an Elderly Parent?

Many people are trying to balance taking care of their parents, children, work and daily living. While most of us truly would love to be with our parents as often as possible the demands of our dai... Read More »

Do the elderly have to pay income tax?

Yes it is very possible for the elderly to be required to file a 1040 federal income tax return and have to pay some income tax on the TAXABLE AMOUNT of all of the gross worldwide income that they ... Read More »