“Thought for the Day” #670 – by Stephen R. Elville, J.D., LL.M.

February 22, 2016

Missed mortgage payments and insurance premiums (including long-term care insurance premiums) and missing financial statements are the result of aging parents in crisis.  Children should be proactive to begin appropriate monitoring and oversight at the first signs of trouble – confusion, vulnerability, depression, weight loss, and other leading indicators.  Intervention is not always easy, and everything possible to facilitate the mutual cooperation necessary for a successful agency relationship should be done well in advance.