Declining financial abilities may not only result in a few unpaid bills but also leave you vulnerable to financial abuse and drain your nest egg. Kiplinger –Consider hiring a daily money manager to help pay the bills, deal with creditors and organize tax documents,...
A daily money manager might fit the bill AARP – Imagine having someone who makes sure your bills are paid on time, organizes your tax documents and hands them off to your accountant, and even follows up with your insurance company because you were supposed to be...
CreditCards.com –If you’re married and find yourself temporarily unable to handle your finances due to illness or other unforeseen circumstances, your spouse would likely step in and pay the bills. But what happens if you’re single? Without a plan, you could miss bill...
“We realized that he couldn’t keep the financial records anymore,” says Nurenberg, who runs the AARP’s employee volunteer program in Washington, D.C. But neither she nor her three siblings lived anywhere near their dad’s facility in Middlesex, New York. Nor did their...
Think of all the day-to-day tasks that involve our money from paying the bills and balancing the checkbook to giving to charity, filing insurance claims, managing investment income, and more. It’s too much for many seniors, especially when you factor in memory...
