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Adult Children

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7 Questions Your Adult Children Must Be Able to Answer

March 13, 2020

A high percentage of estate plans fail. The failures usually aren’t because of problems in the documents that make up the basic plan. Estate plans fail because the people who implement them aren’t well-informed about key details. This is a very important topic. To a large extent, the level of knowledge that your adult children […]

Retirement Dangers: Adult Children – Closing the Bank of Mom & Dad

December 13, 2017

This article explores a new study that found high percentages of older Americans still provide significant, regular support to their adult children. It also points out that this can endanger the parents’ retirement and gives tips for avoiding the problems. Cell phone bills, followed by transportation, rent and utilities, tops the list of living expenses, […]

Retirement Mistakes – Adult Children: Closing the Bank of Mom & Dad

December 1, 2017

Many people enter retirement with sufficient assets, but they run out of money during retirement. A major cause of the shortfall is providing too much help to the children and grandchildren, becoming the Bank of Mom & Dad. This article discusses the problem and gives some ways to avoid falling into this trap. Two-thirds of […]

Helping Adult Children: Tired of Being the Family Bank?

January 8, 2014

These days a lot of parents or grandparents find themselves acting as the family bank or ATM. They provide financial assistance to family members who should be financially independent. The trouble is, unlike a real bank, you don’t get repaid most of the time. Many people find they are reducing their standard of living or […]

Adult Children – Dealing with Boomerang Kids

January 17, 2012

More and more adult-aged children and grandchildren are moving back to their parents or grandparents’ homes. They don’t have jobs, and their job prospects aren’t good. Adults used to need help on how to deal with the empty nest. Now, they need help on the best ways to handle their adult offspring who aren’t moving […]


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