How to Care For Your Parents' Money While Caring for Your Parents
Editorial Reviews
Michelle Singletary, The Color of Money, Washington Post, March 14, 2004
Get this book as preparation for when you have to parent your parent.
Book Description
Because caring for your parents' health also means caring for their wealth... Watching your parents decline and assuming the burden of caring for their physical needs is difficult enough, but you can't allow that to overshadow the importance of their financial needs. After all, what will happen if your parents outlive their savings? In order to be a financial caregiver, you'll need to know how to deal with legal and financial paperwork; government agencies and regulations; a host of insurance, investment, and estate planning issues; and the inevitable emotional and psychological issues that arise whenever money and family mix. In this indispensable guide, two family finance experts who are caring for their own parents' finances provide a basic primer in personal finance for those who are involved in their parents' financial lives. Filled with checklists, worksheets, resource lists, and other essential tools, this comprehensive guide supplies the knowledge and confidence you need to Decide who should manage your parents' money Communicate with siblings and caregivers Establish budgets and write annual reports Manage your parents' stocks, bonds, real estate, and other investments Deal with health insurance, Medicaid, and other insurance issues Protect your parents from elder fraud
How to Care For Your Parents' Money While Caring for Your Parents
How to Care For Your Parents' Money While Caring for Your Parents,Sharon Burns,Raymond Forgue,McGraw-Hill,0071408665,Accounting - General,Adult children of aging parent,Aging parents,Business & Economics,Business / Economics / Finance,Finance, Personal,Human Resources & Personnel Management,Investments,Personal Finance,Personal Finance - General,Retirement Plans,Retirement income,Business & Economics / Personal Finance / General
Hot Books:
Recommended Books