Consulting

As your parents grow older, it may be more challenging for them to oversee their finances. As their son or daughter, you may feel that it’s your responsibility to step in and help them. Before doing so, here are the five things you should consider to ensure you are prepared: Understand the Responsibility Start a Conversation Early Ask Questions Discuss Senior Scams Respect Their Wishes 5 Ways to Help Prepare Your Parent’s Financial Plan 1. Understand the Responsibility It is already a big responsibility to manage your own finances, let alone a parent’s finances. There are many factors that go…