What tips can you offer on helping a parent with his or her finances? My 84-year-old father is having trouble keeping up with his bills and insurance, and I just found out that he has been making contributions to a suspicious charity.
Many adult children serve as financial helpers to their elderly or ill parents. They help with paying bills, handling deposits and investments, filing insurance claims, preparing taxes and more. Here are some tips and resources that can help you help your dad.
Start with a Conversation
Taking on the task of helping a parent with finances can be a sensitive and difficult topic. The first step in helping your dad is to have a respectful talk with him...More