Monday, April 1, 2013

Signs it may be time to take over an elderly parent's checkbook

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Signs it may be time to take over an elderly parent's checkbook

Taking away the car keys from an elderly parent may be simple in comparison to taking over their checkbook. Knowing when and how requires some skill, according to Jean Chatzky, TODAY’s financial editor.“As we get older we lose our ability to get on to excellent financial decisions, but we get more confident in our ability to get on to financial decisions,” Chatzky said.A recent report in Wall Street Journal Market…

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Signs it may be time to take over an elderly parent’s checkbook

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