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Managing Someone Else's Money

by Consumer Financial Protection Bureau; ABA Commission on Law and Aging · Consumer Financial Protection Bureau

Consumer Financial Protection Bureau guides for family members handling a relative's finances as power-of-attorney agent, guardian, trustee, or Social Security/VA representative payee: legal duties, keeping funds separate, record-keeping, and spotting financial exploitation. Authoritative source on the financial-boundary side of caring for a co-resident parent: why not to commingle money, how to document spending.

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familyhandyman.com

Family Handyman is a DIY home-improvement site offering step-by-step guides, tips, and projects for home wiring basics and electrical safety. Content includes tutorials on wiring outlets and switches, circuits and panels, tool recommendations, and troubleshooting advice.

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Prepare to Care: A Planning Guide for Families

AARP's free downloadable caregiving planning guides (several language and community editions) on starting family conversations, forming a care team, assessing an older relative's needs, organizing documents, and writing a caregiving plan. Workbook-style tool for dividing caregiving duties among siblings and household members, a core multigenerational friction point.

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Changing Places: Should Your Parents Move in with You?

Family Caregiver Alliance tip sheet of decision questions to work through before an aging parent moves in, grouped by relationships, adapting the home, money and rent, time demands, and personal care limits, with pointers to respite care.

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Financial Issues Top the List of Reasons U.S. Adults Live in Multigenerational Homes

Pew Research Center report combining Census data and a national survey on who lives in multigenerational homes, why they do so (finances, caregiving), how the arrangement affects household finances, and how stressful or rewarding residents find it. The most rigorous evidence base on why families share homes and how it plays out financially and emotionally; grounds expectations before deciding to move in together.

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All in the Family: A Practical Guide to Successful Multigenerational Living

Book-length guide to sharing a home across generations, covering privacy and proximity, remodeling or designing a house for adult children or aging parents, dividing costs, legal and financial planning, cohabitation agreements, and handling family conflict. The only full-length, practitioner-oriented book that spans all four facets of the topic (shared space/design, money, caregiving, communication).

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aarp.org

AARP.org is the nonprofit’s resource hub offering practical guidance, news, and tools for aging well. It covers housing and multigenerational living, caregiving, health, finances, and lifestyle with expert articles and resources.

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