Worried about your Parent, their Forgetfulness, and Money?

MomandKay
Me with my Mom last Fall on our way out to shop at the grocery store.

If a parent or other loved one develops dementia, a risk that grows with age, finances can present a big problem. In fact, you may have to step in to make sure your mom or dad doesn’t ┬árack up credit card debt or even go broke.

That’s what happened to Kay Bransford, an author and entrepreneur in Virginia, after her mom and dad both developed dementia. When a home contractor tried to charge her parents more than $5,000 for needed repairs, more than five times the going rate, Bransford acted quickly to cancel the contract …

Read more: http://www.creditcardguide.com/creditcards/parents-and-finances/6-ways-to-deal-with-a-loved-ones-dementia-and-debt/#ixzz3pEA0WUAQ