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[quote=Anonymous]Dad is 95 and has been diagnosed with progressing cognitive decline to the point that he's confabulating stories & situations and has significant memory and logic issues.  However he reads several newspapers everyday and can have some pretty normal conversations.  We have a POA and I am on all his accounts (bank, investment, etc) as a co-trustee.

He is moving into assisted living this month.

He often makes mistakes when paying bills and handling finances to the point that he calls me (several states away) to help undo or fix whatever happened.  This takes a lot of time to say the least.

I want to make his (and my) life easier by taking over paying all the bills and handling his finances for him.  I would absolutely allow him to make any big decisions but the day to day has become too much for him and it would probably take me only 20 minutes a month to handle.

He still wants to handle his own finances and banking and thinks he's capable of doing so.  When I point out his significant mistakes he dismisses them as minor errors, which they are not.

Has anyone else been in this situation and if so, what did you say or do that made your elder parent turn over the keys, so to speak?

Thanks in advance for any advice or input.[/quote]

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