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Eldercare
Reply to "How do you officially manage your parent's money?"
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[quote=Anonymous] We eventually decided to have a trusted accountant doing it instead and he provides regular updates. I highly recommend this if any of your siblings have paranoid and/or hostile tendencies. It can be a ton of work and I don't have the bandwidth for dealing with histrionics and false accusations. It also makes it so much easier to prevent scams because mom is more willing to behave and listen to an expert accountant. She does not want her "children" telling her what to do and it became exhausting trying to make her think everything was her idea and having to be subservient. We will do the same when it is time to deal with the estate which will be extremely complicated in our case. It is worth the fee when there are difficult personalities involved.[/quote]
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