Helping Seniors & Families
Plan For Their Future
Feasterville, PA
215.396.1001
Doylestown, PA
215.345.5858

Here’s Help for People Who Have to Manage Someone Else’s Money

Have you been officially asked to manage someone else’s money? For example, have you been named as an agent under a power of attorney or a trustee of a trust?  As our society ages, more and more people are being asked to take on these roles, but they can be daunting.

In order to help, the U.S. Consumer Financial Protection Bureau has published four free guides; under the general title Managing Someone Else’s Money.  The guides are designed for (1) agents under a power of attorney, (2) court-appointed guardians, (3) trustees of a trust, and (4) people appointed to manage someone else’s government benefit checks, such as Social Security and Veterans.

Continue Reading Here’s Help for People Who Have to Manage Someone Else’s Money

27 Misconceptions That Can Cost You When Planning For Your Senior Years: Part 4

Senior Woman Planning with Doctors

Planning for your senior years is a complicated and emotionally tough task. It is often made all the tougher by the myriad misconceptions that exist about your options. There is a lot of misinformation about all aspects of senior planning, from nursing home decisions to appropriate legal documents and structure.

In this final article in a four part series, we will discuss the last of the common costly misconceptions about planning for your senior years. Please see parts one, two, and three for previous misconceptions. We hope this discussion will help set you on the right track and make your planning decisions easier. Continue Reading 27 Misconceptions That Can Cost You When Planning For Your Senior Years: Part 4