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4 steps to managing your parents’ bank accounts

January 15, 2016


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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