The concept of eldercare

None of us is getting any younger. How often have we all heard that? Each year with each birthday. Aging brings life changes. With these life changes often times due to approach incapacitating conditions, there is the need for assistance with bills paying, checkbook management, domestice payrolls, and other financial assistance services provided by a trusted advisor.

Why children of aging parents should consider a trusted advisor

• The parent(s) want to continue to live in their own setting (be it home or elsewhere), which could be a distance away. Yet there is an eldercare provider in the area where they live. At James M. Alga, CPA, we have been providing eldercare services as a trusted advisor for 40 years now.
• We provide financial reports of the activity and bills we pay directly to the children of our eldercare clients.
• As trusted advisors operating under a strict code of professional ethics, we can handle the dogwork of domestic assistance payrolls. This includes paying, under a trustee relationship, employees providing services for the eldercare client, making sure that the taxes are timely paid and that returns relating to that are timely filed.

As you get older, consider these things: Am I frustrated with reconciling my bank statement? I constantly worry about finances and paying bills on time even though I have plenty of money. As my age, I'd rather enjoy what little time I have left, not worring about my books and accounting I enjoy my activities and time with my friends, not worrying about deadlines and due dates If the above apply, consider hiring James M. Alga, CPA as a trusted advisor for some eldercare services. You'll be glad you did.