A granddaughter turns her grandma's place into party central; A brother won't open up the purse strings to upgrade their parents house; An elderly woman scrimps on food and heat because a daughter is having problems with private school fees and uses her money. Money Dearest is a podcast series that looks at the growing issue of financial elder abuse. What can you do when families aren't working? How can you plan to live well in your later life? Do you know if your parents or grandparents have anything in place when they are unable to make decisions on their own? Everyone needs to do some estate planning to avoid being a burden on those who are closest to you - Money Dearest shows how to avoid the pitfalls.
Public Trustee & Guardian - the last resort
The State Government based offices of Public Trustee and Guardian can take over various levels of decision making for people who have diminished capacity - but this may not be the best outcome. The best outcome is to repair the family dysfunction.
Abuse of Power of Attorney
Alice is 92 and has some serious health issues. Her son has arranged for her to go to an Aged Care facility and has obtained her Power of Attorney. When Beth, his sister finds out, she is shocked.
Multiple competing forms of abuse
Olivia's medical and physical needs turned out to be higher than her absent children realised. Only her friend and neighbour Bev realises that she is in trouble.
In this episode of Money Dearest, we look at the conflict in a family between a conservative Power of Attorney holder, and the holder of an Enduring Guardianship
Money Dearest is podcast series focusing on financial Elder Abuse. This podcast looks at the situation of Inheritance Impatience.
Sometimes a son or daughter can see that their elderly parent's finances could be a solution to a temporary liquidity problem of their own, or that they and their family could benefit from their parents assets now, rather than later - after all - it will all come to them eventually anyway. But is it in their parent's best interests?
Money Dearest is podcast series focussing financial Elder Abuse. This podcast outlines the broad continuum of abuse that can occur.
Many people do know how they want to live in the latter part of their lives, and when they need help with decision making, if they have documentation in place then they will be able to continue to live well.
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