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Taking Charge of Your Parents’ Finances

By Emily Chadwick | Wednesday, July 6, 2016 4:57 PM

 There are many different warning signs indicating that an aging parent may be having trouble managing money.

There are many different warning signs indicating that an aging parent may be having trouble managing money. Maybe you noticed a large pile of mail—including unpaid bills—the last time you visited or perhaps they’ve mentioned that their money just doesn’t seem to go as far as it used to. Whether there’s a clear red flag or just a nagging sense that something’s not right, there may come a point when you feel the need to talk to your parents about their financial situation. If you have concerns, or if you’ve decided it’s best to help them handle their finances, remember that we can help, including working with you to determine where they stand financially, what might be causing their financial challenges and what kind of budgeting and money management will keep them on course in the future. We offer families advice on their financial concerns every day, so be sure to contact us for expert advice that address your unique needs.