Right Now is a Good Time to Review Your Fiduciary Designations

Right Now is a Good Time to Review Your Fiduciary Designations

When I start working with clients, I, like many daily money managers, always ask about estate documents. I want to look at the whole picture of my client’s financial health, and estate planning is a critical piece. Part of that estate planning is picking the right...
SENIOR SPOTLIGHT: Preventing elder abuse

SENIOR SPOTLIGHT: Preventing elder abuse

Maureen A. Wendt is president and CEO of The Dale Association, a non-profit organization that provides senior, mental health, in-home care, caregiver support services and enrichment activities for adults. There are things you can do to help protect yourself from abuse...
Building a Successful Relationship with Your DMM Beyond Bill Paying

Building a Successful Relationship with Your DMM Beyond Bill Paying

Daily money managers are much more than bill payers. True, the core of many daily money managers’ work often involves paying bills on time, reconciling accounts, organizing financial paperwork, and gathering tax documents. Yet many daily money managers (DMMs) provide...
7 Resources to Prevent Elder Financial Abuse

7 Resources to Prevent Elder Financial Abuse

Financial abuse of elders is a serious problem in today’s world. The financial exploitation of older adults has exploded in recent years and it’s important that we become more vigilant in protecting vulnerable individuals from becoming potential victims. But what...