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Article: Family Finance: Elders may need help with finances
- Article from:
- AP Online
- Article date:
- February 6, 2009
- Author:
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At first you might notice a pile of unopened mail. Your normally fastidious mother may be getting sloppy with her checkbook. Your elderly uncle may be behind on his electric bill.
The signs are often subtle, but they may indicate that aging relatives are no longer able to handle their personal finances.
Family members who sense this may want to step in and take over, but that could set up an emotional confrontation. It could also make older relative fear losing their independence.
There are options to provide help, but they all start with having a conversation that can be difficult.
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