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[quote=Anonymous][quote=Anonymous]Look into daily money managers. They can help with paying bills, recordkeeping etc. A friend of mine works for one - deals with clients remotely.

Here’s a description
https://www.nolo.com/legal-encyclopedia/daily-money-management-programs-seniors-32269.html[/quote]

This is a good option as long as everyone understands they need to provide checks and balances. look at the paperwork they provide, check the accounts on a regular basis and freeze their credit. These places are only as good as the people they hire so you need to check things, but it's easier to have an outside place doing it.

Even if he gets along well with siblings, if he is overwhelmed now, wait until someone gets suspicious and decides they want weekly accounting. An accountant has the software and training so this is no big deal. Yes, you can give all siblings access to accounts and they can check on things themselves, but sometimes one sibling assumes mom or dad is wealthier than she is. Also, down the line when the parent passes away, much better to hire someone to deal with the estate and just check things over. One sibling could decide it's taking too long and then all those hours and hours you spent doing a job you hate turn into resentment on both sides and burnout.[/quote]

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