Articles of Interest

A frequent challenge is how to help older family members with their finances without taking away their autonomy or getting into a tug-of-war over the issue. Concerns often arise when visiting loved ones and finding that bills have not been paid, papers are in disorder, or even that utilities have been cut off. It's not unusual to find family members defrauded by predators or going on a shopping spree on the Home Shopping Network.

All relationships are different. Some older adults freely share financial information with their loved ones and readily let them participate in bill paying and investment decisions. Others hold onto control as if their lives depended upon it -- and well it might, to the extent that they would lose their identity along with their checkbook. They may even suspect their loved ones of wanting to take their money.

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