Quote:
Originally Posted by retiredguy123
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.
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Hiring an accountant / bookkeeper to handle bill paying should not be that difficult. Accounting / Bookkeeping firms regularly handle Accounts Payable for small businesses without issue. There is really no liability issue with this situation. It is a business arrangement just like that between the Accounting firm and a business contracting for that service. There are different levels of control to which the service can be tailored. There should be many CPA or Enrolled Agent firms as well as bookkeeping service firms who would be available to provide this service.