My family is dealing with my elderly father's increasingly complex tax situation as his cognition declines and we siblings can't agree on how much to simplify his finances versus maximize his tax efficiency and we're all projecting our own fears about aging and control onto these decisions.
More people experience this than they realize.
Adult children must balance competing values around autonomy, protection, and financial optimization when cognitive changes complicate tax planning for an aging parent.
“Where Are You with Taxes — philosophy and navigation?”
If this sounds familiar, the Library can help you find the bigger picture.