As life expectancy increases, many add parents to wills

Posted on May 9th, 2012 No Comments

Individuals who have prepared their wills typically do not plan on being outlived by their parents. However, many people are finding that their parents are becoming increasingly dependent on them in their old age.

Children who end up having to take care of their parents spend an average of $3,500 a month on care, according to Met Life. If something were to happen to these benevolent children, it would leave their parents without the care they need.

This is why it’s becoming more important to have a plan in place for the tragic situation in which your parents outlive you.

If you need help preparing your will, contact the experienced Houston wills attorneys at Garg & Associates, P.C., at 281-362-2865.

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