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| Grote, along with several experienced financial planners, offers advice about starting the family conversation, coordinating care, providing long-term financing, advance directives, and how planners should be compensated for these services. |
| National Bureau of Economic Research Working Papers, September 2008, $5.00 http://papers.nber.org/papers/w14328 The authors answer the title question in the affirmative, noting that note that“children act as a commitment mechanism, increasing the probability that elderly spouses will provide care for each other. |
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| Palgrave-Macmillan, 2008, $14.95 http://www.ruthnemzoff.com Dr. Nemzoff focuses on the positive ways parents and children can add meaning to each other's lives. It includes a chapter on discussing financial matters with your adult children. |
| Active in: MA Available for speaking 91 Pickwick Rd. Newton, MA 02465 Telephone:617-332-7060 Fax:617-332-9632 rnemzoff@brandeis.edu http://www.ruthnemzoff.com Resident Scholar Brandeis Women's Studies Research Center; Adjunct Assistant Professor, Bentley University; author and speaker on how to foster intergenerational conversations about money and assets or lack thereof. |
| Timmerman suggests that, with the economy in a meltdown and today’s parents confronting the high cost of day care, coupled with heightened concerns about bringing an unknown person into their homes to care for the children, the idea of Grandma moving in with the family may make a comeback. |
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| MetLife Mature Market Institute, June 2009, Free http://www.metlife.com/assets/cao/mmi/publications/quick-facts/mmi-grandparents-generous-money-not-advise.pdf This survey found that 70% of grandparents have given money to their grandchildren in recent years (median amount = $3,000), but most do not offer financial advice, unless asked. There are also survey questions about how their adult children raise and advise the grandchildren. |
| http://www.aiflp.org/pdfs/IntegrativeAdviserNo0201.pdf Nemzoff and Weiss discuss the potential problems and some useful approaches for older parents to use in dicussing their own finances, and potential financial legacies, with their adult children. |
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| U.S. Bureau of Labor Statistics, August 2009, Free http://www.bls.gov/osmr/pdf/ec090030.pdf Stewart finds that employed mothers shift enriching childcare time from workdays to nonwork days. On workdays, full-time employed parents shift enriching childcare time toward evenings, but there is little shifting among part-time employed mothers. |
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| Generations United, December 2009, Free http://www.gu.org/documents/A0/GrandFacts_Report.pdf This report provides data and other information about families where grandchildren live with grandparents, but not parents, and discusses implications for caregiving, housing, and education. |