Seniors: How to designate someone to make financial decisions for you 14 Articles

by Angela S. Young

When my mother was dying of cancer, she became very worried about what would happen to dad financially after she was gone. His spending habits had never been good, and she had done the bills for years. She knew it was so...read more

by Rachelle de Bretagne

As seniors reach certain points in their lives where health becomes a worry, one of the ways of lightening the load in their lives is to appoint a member of the family to take care of the financial decisions. Choice of ...read more

by Allen Teal

Horror stories of misappropriation of money are legion among those who have had to give their financial decisions to someone else to handle. There is something about getting an opportunity to have unrestricted access to m...read more

by Marisa Wright

As we get older, the risk of infirmity increases and with it, the chance that we may be unable to look after our own financial affairs, either temporarily or permanently. For instance, a car accident which you might "boun...read more

by Randa Morris

Everyone, not only seniors but mothers, fathers, even single men and women need to understand how to designate someone to make financial decisions for them, as well as the reasons why this is so important. You just don'...read more

by Joyce Priddy

None of like the idea that someday we might need someone to make our financial decisions instead of remaining completely independent. It is a horrible reality that happens though for many of the elderly. You need to plan...read more

by Mona Gallagher

Financial decisions often become a source of concern for seniors who are undergoing surgery or have acquired illnesses that render them incapable of attending to their own finances. Disabling illness and dependence on othe...read more

by Bel Eve Forver

Whether it's a medical power of attorney or a durable power of attorney you must pick someone you trust. Look back over the relationships you have had in the last year. How often do you see a person? How often are they ...read more

by Cheryl O'Brien

Designating a Person to Make Financial Decisions for You It doesn't happen to everyone but when it does happen it can be either a simple process or tragedy of errors, misunderstanding and heartbreak. Having another pers...read more

by Richard Serra

As we age we get less and less able to function normally especially when it comes to making important decisions as they become more and more confusing. In more ways than one, it is important that we recognize that at one p...read more

by N. A. Hernandez

It can be a daunting task trying to pick someone to help with any decisions as you get older let alone financial ones. When you think about it though if a certain someone that you trust comes to mind directly then you shou...read more

by MysLykeMeeh

Financial matters for seniors create chaos and riot of the entire family, if not handled well. That's why when you designate someone to make financial decisions for you should be agreed by everyone in the family. How to...read more

by Trevor M

In Case of Emergency, Break Here should be written in big red letters over your legal papers. Afterall we do not need someone else to manage our financial affairs until an emergency happens. Electing someone to manage ...read more

by Chrissy

It is crucial for seniors to designate someone to help them make the decisions when they have trouble. So many don't have anyone to help them and they become easily overwhelmed. I use to work for a prescription mail order...read more