Stepping In: 5 Steps for Managing your Parents’ Finances

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Stepping In: 5 Steps for Managing your Parents’ Finances

Everyone needs some help from time to time, even the people who have been taking care of you all your life. As your parents age and are affected by declining physical or mental circumstances, you may find yourself increasingly assuming responsibility for their financial affairs. Taking on your parents’ assets and obligations can be a complex task to sort through, especially as many of you will also have families of your own to take care of. We’ve compiled this guide to help you through the process.

 

Secure the Proper Authority

While your parents are still

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