InterActive Legal Advisor and Director of Elder Law Strategy, Letha McDowell, was featured in a recent Money Magazine article titled How to Support Your Retired Parents Without Sinking Your Own Retirement Plan. The article sheds light on the seldom discussed topic of working-age children who find themselves in the position of providing financial assistance to their retired parents, potentially to the detriment of their own future financial security. Letha is quoted extensively, suggesting practical solutions such as direct payment of a parent's utility or other bills in order to ensure that the child's financial contributions are devoted to necessary items. The article draws upon the expertise of Letha and other professionals to provide an informative discussion that will help attorneys and other advisors navigate a situation faced by many of their clients.
Letha's contribution to this article is a prime example of her caring and pragmatic approach to helping her clients, and her commitment to furthering discussion of topics that are critically important to those in the elder law community. We are proud of Letha and her accomplishments, and grateful to have the opportunity to draw on her talents at InterActive Legal. Personally, I am happy to count Letha as a friend and colleague, and congratulate her on her continued success.
Vanessa L. Kanaga, Esq.
InterActive Legal President
and Director of Content Development