It's rather sad to say that some biological parents simply don't have what it takes to raise children - and thus, the duty sometimes falls to grandparents. This leaves grandparents in a bind. It's demanding to raise small people, which is why those who give birth are, by design, young. It's also taxing on your finances at a time when you're supposed to be ramping down.
We ran across this great piece today that gives legal, personal finance and psychological advice for grandparents raising grandchildren. Whether this is you or someone you know - or a situation that may come your way one day - this is worth reading.
Our thanks to Boomer-Living.com and to the author of this piece, Kenney Hegland, for the great advice.
http://www.boomer-living.com/2010/09/grandchildren-law-and-advice-for-savy-boomers-and-their-families/
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