I have devoted myself to the calling of elder law or law relating to older people and their families. I follow the mantra “Doing well by doing good”. For many lawyers, the aspiration of doing good has become slightly perverted – it has become more about winning, not good over evil, or right over wrong, just winning. With families, the last environment you want to create is that of winners and losers. With that attitude, everyone is a loser.
In addressing the convoluted needs and demands of families with the smorgasbord of personalities, sense of entitlement and agendas, not to mention the various amounts of goodness and badness exposed in the stress of addressing parent problems, I would like to make a personal and a professional plea: no winners and losers please, just some way of finding the best way forward.
This article brings together a potpourri of issues that I have faced over the years of my experience – tall tales and true from within the denizens of families.
SO, YOU WANT TO BE YOUR PARENT’S CARER?
We do a lot of work in the area of family arrangements involving adult children providing care for their parent/s. It is on the rise and likely to exponentially increase as we live longer and residential aged care becomes more expensive. If you’re thinking of doing it, here are six factors you might want to consider:
1 IT COULD COST YOU MONEY.
Diese Geschichte stammt aus der May 2021-Ausgabe von Money Magazine Australia.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der May 2021-Ausgabe von Money Magazine Australia.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
An outrageous, beautiful monopoly
Telstra's mobile business is a cash machine with few competitors, giving it the highest returns in the world.
Drop the anchor to judge value
Buying and selling decisions should be based on where a stock price is going, not where it has been.
Powering the AI boom
Beyond the software and chipmakers, where will the energy come from?
Get into life
Tucked inside super are products that can protect you from life's inevitable uncertainties.
Paths to home ownership
Taking the road less travelled can sometimes deliver unexpected benefits.
Sold! Quick ways to add value
Small, strategic changes can have a big impact on the look and feel of your home. And get you a better price on auction day.
Money lessons the kids need to know
Your children can learn a lot from your past money mishaps. Here are eight financial conversations I have had with mine.
Property-investing rules: are they likely to change?
The pressure for the government to curb the tax benefits of tax concessions, such as negative gearing and the capital gains tax discount, is unrelenting. Most recently, independent senators David Pocock and Jacqui Lambie proposed five options for paring back investment property tax concessions, with savings to the Federal budget of up to $60 billion over the next decade.
What's love got to do with it?
A rollercoaster of emotions could be driving poor crypto behaviour.
Are we ready to be cash-free?
Saying goodbye to our piggy banks too soon could leave small businesses in the dark when problems arise.