AIM

Two people sitting on a park bench discussing eldercare planning for aging parents.

Preparing Care for Aging Parents | Legal & Financial Planning Guide

Caring for Aging Parents: Why Planning Ahead Matters

Every family situation is different when it comes to caring for an aging parent, but one truth remains the same: preparation is key. Whether you need basic information on eldercare services, want help locating local resources, or have concerns about legal documents and long-term financial planning, the best time to start is now—not later.


Helpful Tools for Families

PBS (Public Broadcasting Service) created an online handbook, Caring for Your Parents, designed in partnership with WGBH Educational Foundation and the MIT Workplace Center. This guide provides strategies, links, and tools that families can use not only for aging parents, but also for spouses, elderly relatives, or loved ones with chronic illness. The advice is even helpful for planning your own care needs as you age.


Start with Honest Conversations

The first step is an open and respectful conversation with your parents. In some cases, parents may already have a well-prepared plan with the right documents and financial resources in place. If so, make sure you know how to access those documents and accounts when needed.

If no plan exists, begin with small, manageable discussions. Talk about:

  • Home safety and bringing in caregivers or outside services
  • Options for assisted living or nursing care
  • Whether they have a valid will, health care proxy, and other essential legal documents
  • Their current and future healthcare and living needs

Expect some resistance or denial—it’s natural. Listen carefully, take it one step at a time, and involve the right family members in the process.


Finding Local Resources

Eldercare is always local, and services vary widely by state and region. If you live far from your parents, look for support where they live. An Information and Referral (I&R) specialist can often connect you with services and answer questions. Don’t accept the first “no” you hear—sometimes solutions are available even when they seem out of reach.

Most research begins online, but the sheer amount of information can feel overwhelming. Stick to trusted sources, such as:

  • PBS Caring for Your Parents Handbook
  • AARP’s forums and search tools, where families share real experiences and advice

Covering All Areas of Care

Beyond care services, the PBS Handbook addresses:

  • Finances and insurance
  • Legal planning
  • Housing and transportation
  • Health care and wellness
  • Strategies for caregiver balance and support

Cross-check information you find online with reputable organizations like AARP to ensure accuracy and reliability.


Why Legal Planning is Essential

Good intentions alone are not enough. Without the proper legal documents, families can quickly run into challenges making decisions on behalf of a loved one. Health care proxies, powers of attorney, and living wills ensure that your parents’ wishes are honored—especially if they become unable to make decisions themselves.

An elder law attorney can:

  • Help you understand the aging process from a legal perspective
  • Prepare the right documents to protect your parents’ wishes and assets
  • Ensure care and legal needs are coordinated for the best quality of life

We’re Here to Help

At Aging in Maine, we work with families to address both care and legal needs, because the two are deeply connected. If you would like to discuss your family’s situation, we would be honored to help.

📞 Call us at (207) 848-5600 or visit our CONTACT page to learn more.

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