Implement the plan. The family member in charge of overseeing the aging parent’s finances should create a calendar of bills to be paid each month. Accounts of aging parents also should be monitored to check for any unusual activity and annual credit checks should be done to safeguard against identity theft.
Divide care-giving duties. Set up a schedule for each sibling. Invite all siblings who wish to take on some responsibility to do so and keep family members who do not live nearby updated.
Harris Interactive conducted the online survey in November and received responses from 2,059 U.S. adults.