Death, Sex & Money Money on the Mind: How to Budget for Aging Parents…and Yourself
Nov 15, 2025
Adrianna Adams, a financial advisor at Domain Money, joins to discuss the complex world of intergenerational finance. She emphasizes the importance of setting personal financial goals before assisting aging parents. Adrianna clarifies how to navigate parental needs and delves into creative solutions like property ownership for emotional security. The conversation also touches on the often murky waters of inheritances and planning for cognitive decline without burdening children. It's a practical yet emotional exploration of family finances.
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Secure Yourself First
- Prioritize your own financial stability before helping others so you avoid becoming a burden later.
- Clarify the real goal you want to achieve with any family support before acting.
Ask The Goal, Not Just The Problem
- Money conversations are messy because you must surface underlying emotional goals, not just dollars.
- Asking what you're truly trying to accomplish clarifies whether to gift, lend, or invest.
Buying A Home For Mom
- A client bought a house and made her mother pay under-market rent so the mother stayed financially responsible.
- The daughter preserved both a roof for her mother and potential long-term investment upside.