The illness of a parent

These are some of the questions that we should consider

1. What are the implications if my parent is unable to make their own decisions?
2. Who will be in control of my parents’ finances?
3. What are the sources of funding available to ease the financial burden?
4. What are the implications for my parents’ estate plans?
5. What sort of living arrangements are available if my parent needs in-home assistance or needs to consider out-of-home care?
6. How can I evaluate the sort of care that is available?
7. Is there tax relief available if my parent is incapacitated?