Regardless of the culture that we grew up in, many of us have been instilled with the responsibility of providing for our parents as they age.

After all, they’ve spent so many years nurturing us into the awesome people we are today.

Of course, it is our duty to take care of our parents’ physical and health needs, and spend time with them.

Some of us may also worry about how we can take care of them financially, as the older generation may not be as well prepared as their retirement as we hope.

There are some areas that you should consider when it comes to providing for your parents, such as insurance, potential debts, wills and other legal issues.