Is there a senior financial caregiving service?
My siblings and I are trying to help our Mother long distance. She needs a hands on person to help her with her daily, monthly finances. It is becoming too difficult to take care of long distance. Is there such a service?
AARP sponsors a Money Management Program that may fit your needs. It runs in roughly 24 states and the District of Columbia. To learn more, click the following link: http://www.aarpmmp.org/mm_program.cfm.
If your mother does not qualify for assistance through AARP or if she resides in a state without a program, another option would be to hire a geriatric care manager to provide this service. If you’ve never heard the term “geriatric care manager” or know little about the role of one, I would suggest exploring my website www.geriatriccaremanagement.comfor an introduction. Being that you and your siblings all live at a distance, there may be a distinct advantage to engaging this type of assistance.
The biggest benefit to hiring a geriatric care manager to assist with your mother’s finances is that he or she could do double duty as your eyes and ears on the ground. Even a once monthly visit by a skilled geriatric care manager could provide you with valuable insights into how your mother is managing in other areas of her life and alert you if more assistance may be needed. For long distance caregivers who rely on phone calls and staggered visits to catch potential problems, this can be an invaluable service. To search for a geriatric care manager by state, visit the National Association of Professional Geriatric Care Managers at: www.caremanager.org.
I strongly recommend that you check out the American Association of Daily Money Managers. This non-profit is a collection of 500+ daily money managers around the country who help seniors and others with their paperwork, bill paying and finances.(We are often brought in by Geriatric Care Managers but specialize in this one aspect of elder care.) For more information and to find a DMM, I invite you to go to AADMM.com.
I'm a member of AADMM (American Association of Daily Money Managers) and serve clients in the north Georgia/metro Atlanta area. If you're in my area, I would love to help.
Please visit my website: www.epilog-llc.com.
If you're in another area, please visit the AADMM website to locate a member in your area. We're all here to help families who are in the same situation that you're in.