Elder Care Financial Services
Families with aging loved ones often deal with a range of issues as care and safeguarding of their family members becomes more complex with age. Nelson Chartered offers elder care financial services to help you or your family member manage, protect, and plan your financial affairs.
Financial Services for Seniors
To help families with day to day decisions as well as financial planning for the future, we offer a full range of services to seniors, working closely with their guardians and caregivers. these include:
These services include helping with important areas that are of concern to seniors and their families:
- Bill pay and bookkeeping for day to day money management and oversight
- Referrals to agencies and other advisers if needed
- Help to understand and benefit from Medicare options, social security and other benefits to which they are entitled, such as pensions
- Making sure trust, estate and other legal documents are in place
- Retirement and financial planning and budgeting
Protect Aging Relatives from Financial Scammers
Our elder care financial services program is designed to help seniors protect and maintain their assets. The service includes a range of activities including daily cash management, monthly client contact and case review by an account manager, and the maintenance of a retirement budget. The service helps seniors meet their financial obligations within their means and avoid financial exploitation.
Also among the senior financial services we offer are estate planning reviews, fraud detection monitoring and assistance in the recovery of any funds lost due to financial exploitation.
Plan Budget and Implement a Cash Management Plan
The service is not a guardianship. The client stays in complete control of their assets; they simply receive professional assistance to manage and protect them. Monthly reports of all activity are provided to the client and the client’s heirs who are in possession of a durable power of attorney.