Your cherished family members may need help with their daily financial tasks as they age. Ordinarily, simple tasks such as balancing a checkbook and paying household bills become increasingly difficult for the elderly. You could take care of their day-to-day financial tasks if you have the time and live close. But if not, you may consider hiring an elder care professional to help provide those services.

With our elder care services, you get the help of a caring, honest, and knowledgeable professional. Someone on your team, looking out for your loved one’s best interest. Your loved ones get assistance with their daily finances and business duties, and you are informed of every step we take. That way, you always know your family member’s needs are being met.

Elder Care Services

Whether your loved one is no longer entirely independent or needs extra help to enjoy their lives, you get help in any of the following areas:

• Reviewing and paying household bills, budgeting, and record-keeping
• Assistance with check writing and checkbook balancing
• Making sure money is received, receipted, and deposited
• Offering second opinions regarding household issues and unexpected situations
• Handling day-to-day financial transactions such as home repairs, routine maintenance, and emergency medical expenses
• Planning retirement account distributions and safeguarding against improper disbursements
• Organizing and reviewing personal, financial, and legal documents to determine what needs to be addressed
• Preparing an inventory of personal assets and investments
• Identifying and planning their retirement income, needs, and goals
• Determining current and long-term cash flow needs by analyzing income and expenses
• Addressing questions about lifestyle, Social Security, pensions, Medicare, and long-term insurance
• Monitoring investment portfolio and other assets in conjunction with their investment advisor
• Preparing, planning, and filing income, trust, gift, and estate tax
• Providing referrals to local services and agencies
• Arranging proper level of care, transportation, and caregiver assessment

Plan for the Future

Planning for the future is essential, and elder care services are crucial to helping your elderly family members maintain their independence and financial freedom. Contact our RRBB advisors today for more information.