Yes, You Can Limit Financial Decisions As we age, we are faced with issues that need our attention. We know that our wills and health care directives need to be in place. We need to have all our important documents available to our loved ones to avoid problems that we can no longer address ourselves. One of the easiest documents to provide is the Durable Power of Attorney … [Read more...]
How Long Should I Save Bills, Receipts, and Other Papers?
What should I do with mom and dad's financial statements, bills, important papers? In my work helping people with bill paying and organization, I continue to be surprised by how much paper people keep. Most needlessly hang on too many records and too much paper, including utility bills, credit card statements and receipts for years-old purchases. Before setting up files … [Read more...]