The whole journey
From the first conversation to settling the estate
Helping a parent manage their money usually happens in stages. Most families move through them in roughly this order, although real life rarely follows a straight line. Start wherever you are today.
Get prepared
Before anything goes wrong
You might be here if: Mom and Dad are managing fine, and you want to know where everything is before you ever need to.
Guides for this stage are on the way.
Start helping
When a parent needs a hand
You might be here if: You've started paying a bill or two, sorting mail, or sitting in on calls with the bank.
Take over finances
When you step in
You might be here if: It's time for you to manage the accounts, and the bank wants to see the power of attorney.
Pay for care
Care costs, benefits, and the family home
You might be here if: You're comparing home care, retirement homes, or long-term care, and trying to work out how to pay for it.
Guides for this stage are on the way.
Manage as POA
Your ongoing duties as attorney
You might be here if: You've been managing a parent's money for a while, and want to be sure you're keeping proper records and doing it right.
Handle incapacity
When a parent can no longer decide
You might be here if: Dementia or illness means your parent can no longer make money decisions, or there's no power of attorney in place.
Settle the estate
After a parent has passed away
You might be here if: Your parent has passed away, and you're dealing with the accounts, the paperwork, and the estate.
Guides for this stage are on the way.
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