February 21, 2017: Helping parents manage their money can be awkward, but it’s often inevitable. 60% of older adults worry about burdening their family with helping them manage their finances yet 80% of children actually want to be involved. Keeping parents in their home and safe from fraud and elder abuse are adult children’s main concerns. Financial elder fraud can happen to anyone, and those who have a higher level of education and obtain more wealth are actually more vulnerable. It happens to everyone, and the shame that people typically feel is universal.
by Heidi Pullem | Mar 9, 2017 | Tips