We all know the old adage that you shouldn't talk money, politics, or religion in polite company.
Perhaps that practice is why it can be so complicated to get involved in an aging parent’s financial affairs. After years of avoiding discussions about money, you may need to intervene in a very personal and private side of a parent’s life.
We’ve all heard the horror stories about how messy and conflicted these situations can become once a parent is actively declining: unpaid bills and taxes, victimization by scams or robberies, even cases where you’re confronting a crisis and you don’t have the legal authority you need to help.
The process of stepping in to help parents may be easier than you expect, especially if you start the conversations now.
Six Simple Steps