The role of family elder

A few days before Christmas my aunt (age 80 yrs - but she thinks I don't know how old she is) had a mild stroke. Fortunately the rescue units arrived promptly and she received immediate care. She is currently in a rehabilitation center receiving various therapies. My aunt is the last of her generation - she is my late father's youngest sister. Unlike my father, she did not have a deep interest or curiosity regarding family history, though she has shared some of her memories with me when I have made inquiries - however, I don't always remember to phrase questions "properly", that is, to ilicit an informative response.
Now - it just occured to me that when she dies (which I don't expect to happen soon), I WILL BECOME the family elder, as I am the eldest of the family of my generation - kind of a scary thought.
SO - are any of YOU the FAMILY ELDER? How do you feel about that role? I guess I better get cracking on my research.

Just my 2 centavos.

Natalie