Planning for Life

5 Considerations When Living with Your Parents (or Children)

Posted by Harry S. Margolis on November 30, 2020

By Harry S. Margolis
 
Multigenerational-living-Baby-Boomers-coronavirus-pandemic-estate-planning-attorney-Wellesley-MA-02481
 

A trend that started during the Great Recession has expanded during the coronavirus pandemic with more and more households including family members from different generations. In some ways, this is a small reversal of an historical aberration. Until the industrial age, most households included multiple generations. But with the move to cities, migration, and increased affluence, more people have been living in nuclear families.

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Topics: multi-generational households

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