As a child, one of the hardest things to watch is your parents aging process and the issues that they have to endure with their health and many other things. One issue many elderly individuals commonly fate is struggling with their finances. Elderly individuals are often taken advantage of by investment advisors and many others that do not provide them with the proper type of services that they need in order to manage their money correctly. Sometimes they deal with investment advisors that put … [Read more...]
Helping With Elderly Parents Finances
Caring for your elderly parents finances can be a tricky situation. Having the conversation with them about paying their bills and saving money in savings accounts, money market accounts, or cd accounts is not going to be easy but there comes a time when you do need to take over. Seniors are constantly targeted for fraudulent investments and many times their trusting nature and poor memory can lead seniors to lose thousands or hundreds of thousands of dollars. Power Of Attorney It is important … [Read more...]
