As
we age our sharpness for financial affairs dulls particularly if dementia is
involved. Bills are paid late, if at all. Checks are written and not posted in
the ledger. So overdrafts frequently occur. And we become more vulnerable to
solicitations from suspect charities.
You
can help a parent or other loved one I this predicament if you are willing to
step in.
There
are services available which will help seniors organize their financial affairs
(sort of like “bookkeeper plus”). Costs are rather modest. You, of course, can
directly help, too. You should have the person’s financial power of attorney.
I
can help with all of these needs and concerns.
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