7 Red Flags an Aging Family Member is in Financial Trouble

The Alzheimer’sAssociation recently released a report projecting by 2050 the number of peoplewith Alzheimer’s will triple. However, it does not take Alzheimer’s to impairthe ability to take care of finances. If you notice one of the following signs,it could mean that your parents need help.

1. Problems balancing their finances.
2. Larger credits on bills due to submitting multiple payments
3. Depletion of monthly stipends quickly
4. Unopened mail in piles or strange places
5. Purchases that don’t fit their lifestyle
6. Gambling
7. Strange solicitations calls 

See 7 Signs Your Aging Parent Needs Financial Help, Fox Business, Oct. 18, 2013.

Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.