Frank Legan Group at SEIA

Caring for Aging Parents: An Expert Guide to Easing the Financial and Emotional Strain

A friend once got a 2 a.m. call. His dad had wandered out of the house, confused, holding a golf club and a ball retriever. That moment changed everything for their family.

Caring for aging parents often starts suddenly, without a roadmap. I’ve worked with many clients raising kids, managing careers, and navigating care decisions all at once. The emotional and financial strain can be intense.

There’s no perfect solution, but early conversations and some structure can ease the burden.

In my current article for Kiplinger, I share insights on:

  • Why clarity matters more than control in family dynamics
  • The true cost of stepping in as a caregiver
  • How to plan for both the person who needs care and the spouse who doesn’t
  • What to expect as care needs increase over time

You can’t control the timing, but you can prepare for it.
 
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About Frank Legan

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Frank Legan is a Cleveland-based author, and Financial Advisor with SEIA. Frank spends his days designing and implementing personalized financial planning strategies for  corporate executives, business owners, artists, families and retirees. He focuses on lifetime income planning strategies, investment advice, and estate planning services. He also works with businesses to develop strategic and succession planning strategies. 

Frank holds a B.A. from the University of Dayton and a master’s degree from Cleveland  State University. Frank has been in the wealth management business for over 20 years, maintaining a successful independent private practice. 

Frank has been active in his community as he served four terms as a Council Representative at Large for the City of Highland Heights. He is also a former Board Member and Emeritus Chairman for Catholic Charities Diocese of Cleveland.

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Three generations of a family standing together around an outdoor table with food, including grandparents, parents, and a young child.
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