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4 steps to managing your parents’ bank accounts

January 15, 2016

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As your parents grow older, they might find it more difficult to manage their bank accounts. The consequences can pile up quickly: unpaid bills, inactive account fees and steep overdraft charges.

Your parents might be reluctant to ask for assistance — after all, they’re used to helping you out and not the other way around — so you’ll probably have to initiate the conversation. Once you’ve convinced them you should be involved in their finances, shift your attention to the following tasks.

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From → Finance

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