Episode 12 - Preparing and Managing for a Sandwich Generation Household

Kelly acknowledges the statistics of life expectancy rapidly increasing, which seemingly results in more sandwich generation households. Sandwich generations are when a parent generation with children, also find themselves caring for elderly. Ultimately, these situations can lead to many challenges, including financial and emotional concerns, and everything else that comes with juggling two generations. This week’s podcast is incredibly beneficial in providing guidance, tips, and advice to help navigate the journey of living in sandwich generations.

Learn Everything You Need to Know from the Elder Law Expert

Kelly invites Victor Medina to the show this week. Victor is an expert with elder law matters. He is a nationally recognized estate planning elder law attorney, focusing on estate planning, asset protection, retirement distributions and proactive planning. Victor is the founder of Medina Law group, a family solution-based law firm. Victor offers services to help families properly plan and guide their way through taking care of multiple generations at once. Tune in to hear all the important and often overlooked matters and advice that Kelly and Victor cover this week.

Listen to Kelly and Victor discuss Planning and Managing taking care of two generations, and more such as:

• Balancing Finances in Sandwich Generations  
• Advice for Anticipated Long-term Care Facilities
• The Importance of Proper Planning and Help
• How Flexibility and Choice Leads to Beneficial Outcomes
• Truths on Home Health Care Fears
• Suitably Navigating Your Options
• Handling Premature Promises
• The Danger from Joining Generations
• Sacrificing for Spouses During Last Moments
• How to Elongate and Make the Most of This Journey
• Coping with the Burdens
• Think Broadly when Choosing Geography and Counseling
• Guidance on Commingling and Keeping Matters Squared Away Separately
• Defending and Documenting is Key
• How to Work Outside of Paperwork
• How to Selflessly Instruct Timely Affairs

More About Kelly Phillips Erb:

Kelly is the creator and host of the new Taxgirl podcast series. Kelly is a practicing tax attorney with considerable experience and knowledge. She works with taxpayers like you every day. One of the things that she does is help folks out of tax jams, and hopefully, keep others from getting into them.

Links Mentioned:

Kelly’s Website – Taxgirl

Medina Law Group

Victor Medina - LinkedIn

AATEELA

Empowering Women in Retirement – Book by Victor Medina

New York Times Survey - Caring for Children and Elderly

Make it Last - Victor's Podcast