The whole journey

From the first conversation to settling the estate

Helping a parent manage their money usually happens in stages. Most families move through them in roughly this order, although real life rarely follows a straight line. Start wherever you are today.

1

Get prepared

Before anything goes wrong

You might be here if: Mom and Dad are managing fine, and you want to know where everything is before you ever need to.

Guides for this stage are on the way.

Go to Get prepared

2

Start helping

When a parent needs a hand

You might be here if: You've started paying a bill or two, sorting mail, or sitting in on calls with the bank.

Go to Start helping

3

Take over finances

When you step in

You might be here if: It's time for you to manage the accounts, and the bank wants to see the power of attorney.

Go to Take over finances

4

Pay for care

Care costs, benefits, and the family home

You might be here if: You're comparing home care, retirement homes, or long-term care, and trying to work out how to pay for it.

Guides for this stage are on the way.

Go to Pay for care

5

Manage as POA

Your ongoing duties as attorney

You might be here if: You've been managing a parent's money for a while, and want to be sure you're keeping proper records and doing it right.

Go to Manage as POA

6

Handle incapacity

When a parent can no longer decide

You might be here if: Dementia or illness means your parent can no longer make money decisions, or there's no power of attorney in place.

Go to Handle incapacity

7

Settle the estate

After a parent has passed away

You might be here if: Your parent has passed away, and you're dealing with the accounts, the paperwork, and the estate.

Guides for this stage are on the way.

Go to Settle the estate