Financial Bullies & Your Elderly

The elderly are often forgotten by family members busy living their own lives. Eventually, they depend more and more on others for help and not just in their activities of daily living, but also in their financial affairs. Ensuring their bills are paid and on time is not only about them having enough money to cover expenses. Very often it is just a matter of memory, and knowing how to navigate the online systems to send in timely payments. As a result, some turn to their health workers for help in the financial space and once they know their financial status, their online passwords, and more, it can become abusive, especially when they know that the family of the elderly does not check in, does not care, or is easily fooled into thinking all is well. Check-in with your elderly. Ensure their finances are not in jeopardy because they are trusting their Health Worker and others to be their Financial Helper too. While we are on the subject, put your legacy documents in place as well. I can help you create your Will, Trusts, Health Directives, Power of Attorney, and so on. Does your elderly have these in place in case you need to step in as their representative?