Holiday gatherings can be an eye opener as to how the years are affecting our loved ones. Warning signs that they need help managing finances can show. Adult children should look for evidence of unpaid bills such as collection notices, questionable gifts to anyone posing as a charity asking for donations and new "friend" who may get too close for comfort to your aging parent's financial information.
6. Don't ask your parents to help straighten out your latest personal or financial crisis. While you may depend on their emotional support, relying too much upon their resources, rather than your own, can lead to mutual resentment, says Dr. Tessina. So get used to solving your problems, big or small, on your own.