Getting Help with Long-Distance Money Management
By: Source: AARP Bulletin Today Date Posted: 2003-06-01 13:06:00-04:00
The following organizations provide information, and sometimes assistance, to help you manage money for an older relative who lives some distance away:
American Association of Daily Money Managers
Members, who pledge to follow a code of ethics, can help balance checkbooks, organize paperwork, write checks or make bank deposits, and so forth. Fees range from $25 to $60 an hour, depending on the region of the country.
American Institute of Financial Gerontology
Financial advisers certified by the new institute, created in 2003, will have training in gerontology as well as financial matters. Later this year the website will post a register of graduates who are certified. The institute may also be reached at (888) 367-8470.
Area agencies on aging
Contact the Eldercare Locator or (800) 677-1116, for referral to your local aging agency, which may be able to point you to money managers, tax help or financial planning assistance.
National Academy of Elder Law Attorneys
These lawyers can help your family with decisions on legal tools and relationships for long-distance money management.
National Association of Professional Geriatric Care Managers
Members offer money management and liaison with long-distance relatives.
AARP
AARP's website offers a myriad of information on all facets of caregiving.
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