Listen "Talk with your aging parents BEFORE they make bad financial decisions"
Episode Synopsis
Having tough conversations about how your aging family members are doing with bill paying or spending before things get out of hand is much easier than having a talk after their money is gone. That's according to Nico Pesci, founder and CEO of Momemtum Wealth. He says having a fiduciary advisor is an important ally in safe guarding your parents money because they have a LEGAL obligation to work for their clients best interests.
He also discusses how more family members try to take financial advantage of aging loved ones than do parents making bad decisions because of memory loss.
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