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Supporting You as You Support Your Aging Parents 

Caregiver Financial Support

Balancing Caregiving and Financial Well-Being

Providing physical and emotional care often comes with financial strain. Whether you're adjusting your work schedule or managing out-of-pocket costs, we help assess the impact of caregiving on your financial plan. Together, we explore:

  • Budgeting for caregiving expenses
  • Workplace benefits or FMLA options
  • Tax deductions for medical or dependent care
  • Coordinating family support roles and responsibilities

You don’t have to shoulder it all alone. We’re here to support your caregiving journey—both practically and financially.

 Estate Planning Alongside Financial Caregivers


Protecting What Matters Most

Estate planning goes beyond wills and trusts—it’s about honoring your parents’ values while safeguarding assets for future generations. We guide you through:

  • Evaluating existing estate plans
  • Coordinating with estate attorneys
  • Discussing charitable intentions or legacy wishes
  • Reviewing gifting strategies and tax impacts

With thoughtful senior estate planning, you can help ensure their wishes are clearly understood and responsibly carried out.

Supporting You and Your Family

At Foronjy Financial, we understand that supporting aging parents comes with emotional and financial complexity. Let’s work together to build a plan that honors their needs while protecting your future. Reach out today to schedule a consultation in San Luis Obispo or virtually.


Caring for aging parents brings deep personal meaning—and complex financial decisions. At Foronjy Financial, we provide elder financial planning for families in San Luis Obispo and throughout the Central Coast. Whether you're exploring long-term care options, setting up a power of attorney, or navigating healthcare costs, we help bring clarity to your role as a financial steward.

We understand that every family’s journey is different. That’s why our process is centered around thoughtful conversations, detailed planning, and supportive guidance as you balance your own goals with those of your loved ones.


Power of Attorney &

Legal Considerations



Establishing a durable power of attorney is a foundational step in elder financial planning. It ensures someone trusted can manage legal and financial decisions if your parent becomes unable to do so. We collaborate with you and your legal professionals to coordinate:

  • Financial power of attorney setup
  • Healthcare proxy or advance directive guidance
  • Account titling and beneficiary review
  • Asset accessibility and management

Having the right documents in place supports smoother transitions and protects against unnecessary stress during medical or cognitive decline.

Long-Term Care and Healthcare Planning

Planning Ahead for Quality Care

As healthcare needs evolve, so do the financial considerations. We help evaluate coverage and funding strategies for long-term care, whether that involves home health aides, assisted living, or skilled nursing. We also offer guidance on:

  • Long-term care insurance options
  • Medicare and Medigap coordination
  • Hybrid life/long-term care products
  • Tax-efficient care funding

Making proactive decisions today can help reduce stress tomorrow—for both you and your family.

Financial Stewardship Across Generations

Keeping the Bigger Picture in Focus

Supporting aging parents while managing your own financial goals is a delicate balance. Our planning process brings both into view, helping you:

  • Maintain your own retirement trajectory
  • Plan for education or homeownership
  • Understand your role in multigenerational wealth
  • Prepare to step into future financial leadership

Being a good steward of your family’s financial well-being isn’t easy—but it is meaningful. We’re here to walk alongside you as you navigate each step.

Frequently Asked Questions

What is elder financial planning?
 It’s the process of organizing and managing finances to support aging parents, including healthcare planning, estate documents, and caregiving costs.

When should I set up a power of attorney?
 As early as possible—before cognitive decline or health changes make it difficult to make or communicate decisions.

What are the financial impacts of caregiving?
 Caregiving can affect work, savings, and taxes. A financial plan helps you prepare and identify available support or benefits.

How does senior estate planning differ from regular estate planning?
 It focuses specifically on the later stages of life, including long-term care, asset protection, and legacy intentions.