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Radical Personal Finance

972: Most Important Steps to Plan for Aging Family Members

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 13 October 2023

⏱️ 41 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

Relax.

0:03.0

Concentrate on your breathing,

0:06.0

hanging in the cold air,

0:09.0

because your boiler's broken,

0:11.0

but no need to worry. With British Gas Home Care cover, you can get your boiler repaired

0:18.2

again and again. Repeat our mantra, home care.

0:25.0

Such British Gas Home Care Cover, see Website for Turns.

0:30.0

Welcome to Radical Personal Finance to show dedicated providing you with the knowledge, skills,

0:34.0

insight and encouragement you need, to live a rich and meaningful life now, while building a plan

0:38.5

for financial freedom in 10 years or less.

0:40.9

My name is Joshua Sheets, I am your host. Today on the show I want to answer a

0:44.4

listener question. Corey writes in says, Joshua, what are your predictions

0:48.0

about the future developments or changes in filial responsibility laws, considering the aging population and changing

0:57.1

family structures. Also, do you have any thoughts about how to consider planning

1:01.8

for siblings, relatives, or parents who may need additional help in old age.

1:08.0

Well, these are two questions. My answer to question number one will be rather limited.

1:14.0

My answer to question two will be more expansive.

1:17.0

The first question is, what are your predictions about the future developments or changes in

1:21.0

filial responsibility laws.

1:23.0

Short version is I don't have any predictions.

1:25.4

I don't know very much about them.

1:28.3

It's my understanding that filial responsibility laws

...

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