What to Do About Freddie the “Freeloader”

FreeloaderFor whatever reason, the aging parents have been bailing him or her out for decades.  What brings this to a crisis point is when a parent’s health fails or a parent passes away.  Then what?

When you think of a family “freeloader”, generally what comes to mind is that 'child' that never grew up, who makes absolutely no effort to be self-sufficient.  While it's true, their parents share the blame, always footing the bill and enabling this behavior it still creates discontentment among family members.  The family's ne're-do-well becomes an even greater source of family strife as those same parents begin to age and can either not longer support the child, or worse, their support compromises their ability to finance their own rising  healthcare costs. 

As the adult child “freeloader” continues to mooch off of the aging parents or worse, becomes verbally or physically abusive, it's left to the responsible adult children, who have lives of their own, to come to the rescue (again). Ultimately, everything comes tumbling down with  a freeloader that will forever be ill equiped to handle the mounting responsibilities that an elderly parent requires.

This is an increasingly common problem especially in light of the recent economic downturn and with an expanding retirement bubble of aging baby-boomers. Fortunately, Forbes recently explored this conundrum in an article titled “What Siblings Need to Do About Aging Parents and The Family Freeloader.

So, what can you do? Unfortunately, there is no sure guidebook since every family's situation will be different.  The only universal truth to this scenario is that this problem must finally be dealt with. In such circumstances, it is likely that a law firm that has dedicated its practice to Elder Law and myriad issues that face seniors will be a great place to begin to formulate a permanent 'fix'. Elder Law Attorneys should be consulted to ensure the protection of the elder parents, especially if financial elder abuse is suspected.

You can learn more about elder law planning  on our website. Be sure to sign up for our complimentary e-newsletter to stay abreast of issues like these that could affect you, your loved ones and your estate planning.

Reference: Forbes (September 16, 2012) “What Siblings Need to Do About Aging Parents and The Family Freeloader


Like this article?

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest

Leave a comment


We have a LOT more where that came from!

We hate spam too. We will never share or sell your information.

Call Now ButtonCall Us Now https://jsfiddle.net/7h5246b8/

Request a free consultation

We hate spam too. We will never share or sell your information.

We've been putting together as many resources as possible so that we can continue to help:

  • If you’re a current client with a signing appointment or a prospective client with a consultation and would prefer that meeting take place in your own home, we can accomplish that with a little bit of pre-planning on our part and with the addition of a laptop, smartphone, tablet or other computer in your home to facilitate this virtual meeting. For those of you that need to sign legal documents, that too can be accomplished with the use of a webcam (FaceTime etc.), so that we can witness and electronically notarize all of your important legal documents.
  • We launched the rollout of our on-demand webinar early so that new clients and our allied professionals can view the important component parts of ‘an estate plan that works’ at their convenience.  That is available on our website.
  • Live video workshops will be produced as quickly as possible and certainly ahead of our previous schedule; we will keep you posted as these events become available. Given the ‘boutique’ nature of the firm, we rarely have more than ten people in our office including team members at any one time. During this period of ‘social distancing,’ we promise to have no more than 8 people at any time.   This allows us to comply with the Governor’s directive to limit in-person gatherings.
  • The best way to communicate with us is still by phone during regular office hours of 8:30 to 5:00, Monday through Friday, or, you can email any of our team members (that is, their first name followed by @zarembalaw.com).  We will respond to these emails as quickly as possible.
  • Please continue to follow the directives of our local, state, and federal agencies. For your health and in consideration of our team who is assisting you, if you’ve scheduled an office appointment or planned to drop off paperwork and are experiencing a fever, dry cough, or shortness of breath, please contact your primary care doctor for guidance and then our office to reschedule.

Thank you, Walt and the Zaremba Team

Update to our Process

The unprecedented coronavirus pandemic has taken our entire country by surprise. We understand how difficult this time is for America’s businesses and families.  However, we believe it is vitally important that we make every effort possible to continue to offer solutions that avoid disrupting our important partnership with you, your family and friends.  As you know, estate planning is not something that should wait for a more convenient time, therefore the opportunity to address your important goals both during and after this crisis should not wait.  To that end, we have added the option of a ‘virtual consultation’ to our office process.  You will now have a choice of either meeting with us in our office or in the comfort of your own home.