There are few things as difficult as sitting down with your parents to discuss their finances. It’s even tougher when the topic is how their finances will be handled after they pass away. These are extremely important topics to cover though, especially if you and your siblings are going to be managing their estate. We’re going to cover the
If you’re caring for elderly parents, there are three big tax breaks you might be eligible for. We’ve laid everything out below. Always remember to consult with a tax professional before filing your taxes though. The tips below are for informational purposes and cannot replace the advice of a tax professional. 3 Tax Deductions When Caring for Elderly Parents
Financial abuse of the elderly is surprisingly common. We’ll share a few alarming statistics coming up. First, here are the main types of elder financial abuse that you need to be on the lookout for- and that we’ll teach you how to spot! Theft of property or money Forging of signatures Convincing a senior to sign a deed, will, power
Are you caring for elderly or aging parents or preparing to take on the task? We have you covered! We created a complete “Aging Parents Checklist” with everything you’ll need to get organized and make sure you’re not missing anything important. There are four major areas to consider when caring for the elderly. This checklist will walk you through each one step-by-step: Financial considerations
Your aging parent or elderly relative probably won’t advertise if they are falling behind on bills or in need of help, so it’s important to look for the common warning signs. The list below will take you through the eight big warning signs that your elderly parent or relative may need help managing their finances. Keep reading
