By Liz Weston | NerdWalletMOST parents in the United States provide some sort of financial support to their adult children, multiple surveys have found. Other times, financial aid to parents is a source of tension — between parent and adult child, among siblings and between partners. If you don’t have a partner, talking to a trusted friend or a financial planner can help you clarify what you can offer and when. Financial planners say understanding the parents’ financial situation can help you prepare, and might also provide an opportunity for you to reduce their need for your help. Liz Weston is a columnist at NerdWallet, a certified financial planner and author of “Your Credit Score.”

Source: Manila Times November 16, 2019 16:24 UTC