Ways your parents may be spending more than they should
How can you protect your parents’ money? Many of us worry about our aging parents having enough money and not losing it through bad investments or scams. There are steps you can take.
Todd Whatley is an Elder Law attorney who has helped his clients protect their money for 25 years. He has written a book called A Senior’s Guide to Protecting Finances: Steering Clear of Pitfalls in your Golden Years.
He talks with Kim and Mike Barnes of Parenting Aging Parents about what adult children can do to help their parents, what information they need and what to look out for.