Helping an aging parent with finances can put you 'in conflict,' CFP says — how to approach it

As an adult, a point may arrive when you realize that your aging parents or other older relatives could use your help managing their finances. It can be a tricky transition, experts say, depending on family dynamics and the specifics of the situation. "There are two things potentially in conflict — adult children are worried about safety and security, and parents are worried about autonomy and independence," said certified financial planner Lisa Kirchenbauer, a founding partner and senior …