I do agree that adult children should get involved with their parents’ affairs like in handling their finances and helping them plan for their retirement. Helping them plan can avoid problems in the future and can make difficult times much easier. It’s important to discuss this with your parents and tell them that you want to get involved because you care about them. It is very important that the children are aware of their parents’ policies if ever something untoward happens to them be it life insurance, final expense or long term care insurance. If your parents don’t have any of these private insurance yet, it’s advisable to introduce them to these policies. One type of policy that they can greatly benefit from is ltc insurance. If your parents are nearing their retirement years, encourage them to plan for long term care now. Here’s a helpful guide on how to do it: http://www.ltcoptions.com/long-term-care-important-part-retirement-planning-shouldnt-ignore/.