From Forbes.com, here’s an excellent report on steps to take when you’re clued in that your parents are slipping in their attention to routine personal financial affairs.
The Forbes report fails to mention, however, the American Association of Daily Money Managers (AADMM) as another resource; visit AADMM’s Web site to locate a qualified daily money manager in your — or your parents’ — geographic area who can be “on the ground” locally to assist in- or out-of-state adult children with this sensitive task … and generally at a much lower fee than a financial planner or tax accountant.