Episode 20 - What You Need To Know About Financial Planning for Aging Parents

How do you gracefully handle financial and caregiving responsibilities for aging parents? Let’s talk about something that will more than likely affect us all: managing finances and decision-making as our loved ones age.

Tom Fleishel speaks about the intricate challenges of dealing with aging parents and the critical role that communication and planning play in navigating these situations.

As parents transition into a phase where cognitive impairments can affect their independence, Tom offers practical advice on how to prepare and manage financial responsibilities effectively.

Episode highlights include:

• Recognizing signs of dementia or Alzheimer's
• Strategies to prevent financial abuse
• Setting up legal protections like power of attorney
• The role of family summits in financial planning
• And more!

Resources:

• Schedule A Call with the Fleishel Financial Team
• “Clarity and Confidence for Life: Living Your Life By Design, Not By Default” by Thomas Fleishel

Connect with Tom Fleishel:

• (386) 738-1800
• fleishelfinancial@raymondjames.com
• LinkedIn: Thomas Fleishel
• Fleishel Financial Associates