Quote:
Originally Posted by LuvNH
I am surprised there are not more small businesses, perhaps through accountants, to do that. It basically boils down to needing an honest bookkeeper. (I know an accountant who does this for a few people, but she is ready to retire and is long past retirement age herself.)
One para stood out to me Boomer. This one above. I believe our litigious society would inhibit almost anyone from taking on that responsibility. A law suit of this nature could wipe you out.
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That is what my estate attorney, who prepared my will, told me. She had zero recommendations for someone to manage finances and bill paying for an elderly person. The potential liability was so much of a risk that no reputable professional would do it. Of course, you could probably find a scammer to do it.