On Managing Parental Finances From Afar

Photo credit: Daniel Oines, CC BY 2.0.

My parents are physically healthy. They’re also capable of (and committed to) living independently.

But they’re no longer capable of managing their own money. This has been proven by foreclosure, flirtations with bankruptcy, and legal woes. Last year I was asked to take over my mom’s finances, while my stepsister began managing my stepdad’s.

There have been some hair-pulling moments along the way, but here are some of the things that have made...

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