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189. Taking Control of Finances for Your Aging Parents

A Wiser Retirement®
A Wiser Retirement®
Episode • Oct 16, 2023 • 29m

Are you ready to step in and take control of your aging parents' finances, and in the process, safeguard them from the lurking financial scams? On this episode of A Wiser Retirement™ Podcast, Casey Smith and Missie Beach, CFP®, CDFA® we talk about the importance of being proactive about the potential threats your elderly loved ones may be susceptible to. From romance scams to government impersonations, we explore the insidious ways scammers prey on the elderly, and how you can protect your loved ones from falling victim. We also talk about simplifying your parent's bill payments, setting up direct bill pay, or considering power of attorney. We also underscore the significance of an elder care attorney in planning for your parents' future.

Podcast Episode Referenced:
- Ep 145: Dying without Estate Planning: Do you hate your family?

Youtube Videos Referenced:
- Prevent Family Conflict with Legacy Planning

Other Links:
- Elderly Financial Scam Statistics

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