As our loved ones get older, they may need help with their day-to-day financial tasks. Things that used to be simple like balancing a checkbook and paying household bills may become more difficult and begin to cause stress or anxiety.
As a caregiver, it's easy to become overwhelmed with helping a family member manage their finances while keeping up with your own family, career and responsibilities. We can help.
Our Elder Care bookkeeping services can be invaluable to clients and their families. If you've noticed that your loved one has difficulty maintaining their checkbook and paying their bills, that can put them at risk for missing deadlines and incurring fines, fees and penalties. Should they become incapacitated with their finances out of order, the family may have a hard time figuring out their income and expenses, and tracking their assets and debts.
We can give you peace of mind by handling:
Bank reconciliations and balancing the checkbook
Bill payment
Monitoring subscriptions and recurring charges
Keeping an eye out for potential fraud or financial abuse
Net worth calculations
Financial reporting, including cash runway
We have been through this with our own families. We realized that this was an important and often overlooked service for a vulnerable population. Our goal is to provide a discrete, transparent and trustworthy service for families and their loved ones.
