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Eldercare
Reply to "Is there some way to prevent financial actions by an individual?"
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[quote=Anonymous][quote=Anonymous]Have everything managed by a bank. Give said individual an allowance of $100-500 a month and anything over that must be co-signed by bank. Bills are paid by bank, groceries etc go into credit card. Credit card bill is reviewed by bank It protects the individual and the family assets. [/quote] How much does a service like this cost? I've never heard of something like this done by a bank--do all banks do this? And really, this only works if the elderly person agrees to it. Most people are not going to willingly allow themselves to forfeit control over their finances and only have access to $100/month![/quote]
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