Best Estate Planning Attorneys in Portland, OR

Portland, Oregon Trust Lawyer on How to Help Your Elderly Parent with Finances Many seniors often have difficulty managing their finances at a certain point, and it comes down to their adult children to assist with these matters. It’s important to know what you’re getting into when you begin assisting an elderly parent with their financial affairs, especially if legal intervention is required. To start, you’ll need to examine your parent’s current situation and in what areas they need help. This may require conversations with doctors or other caregivers to determine if there are any cognitive issues of concern and also looking at recent financial transactions to determine if help is needed. This is especially important if your elderly parent is responsible for writing checks for rent, utilities, or other expenses that may have a serious impact if payment is not received on time. [post continues...]...