My Mother's Money

A Guide to Financial Caregiving

De: Beth Pinsker CFP®

Narrado por: Jody Prusan

A comprehensive, compassionate guide for navigating end-of-life financial decisions for an aging parent or other loved one—from an award-winning journalist who is also a Certified Financial Planner

Have you just gotten the dreaded phone call—a parent or loved one has taken a turn for the worse and suddenly the burden is on you to manage their affairs? Or are you simply hoping to navigate complex financial conversations with your aging mother or father well in advance so you don't encounter problems later? This is the book for you.

In this practical handbook, award-winning MarketWatch columnist and financial expert Beth Pinsker walks you through everything you need to know about the complex world of end-of-life financial planning. Weaving personal stories from her experience caring for her elderly mother with best practices gleaned from more than 100 experts and family caregivers, My Mother's Money is a much-needed lifeline to those facing one of life's most challenging transitions. Drawing on the latest legal, financial, and healthcare resources, Beth offers clear, actionable advice on common scenarios millions of people will face:

• How to become a parent’s legally authorized healthcare and financial proxy
• Budget templates for projecting long-term care costs
• Easy-to-understand advice on settling an estate or handling insurance
• Scripts for broaching tricky conversations with aging parents
• Strategies to avoid potential financial shortfalls
• Tips for managing the emotional toll of “caregiver burnout”

Watching your parents age can stir up a mix of emotions—nostalgia, concern, and often, a sense of uncertainty about the future. And assuming care for your aging loved ones can be an overwhelming sea of endless checklists, textbook explanations, and mind-numbing paperwork. With this definitive guide to elder financial planning, you can navigate these processes with confidence, saving time, energy, and peace of mind for what really matters.

* This audiobook edition includes a downloadable PDF containing a resource guide from the book.

Reseñas de la Crítica

“Losing someone is never easy. Like Beth, I know what it’s like to navigate loss and the financial aftermath. My Mother’s Money can help make one of the hardest times in your life easier.”—Tiffany “The Budgetnista” Aliche, New York Times bestselling author

“Drawing on her training as a Certified Financial Planner and decades as a personal finance journalist, Beth Pinsker details her journey as her mother’s financial caregiver to create a template for those who follow in her footsteps. “My Mother’s Money” is a heartfelt guide for family caregivers to ease their journey, supply resources, and provide hope.”—Mary Beth Franklin, CFP®(R), Social Security expert and founder of RetirePro, LLC

“My Mother’s Money gives readers a practical, step-by-step guide to managing their loved one’s financial life.”—Barron’s

“Born of loss and love, My Mother’s Money is a guide that speaks to both the head and heart. Pinsker shows us how tending to the practical can speak to things emotional. This is a concise guide to how money and memory can coexist and even work harmoniously in healing.”—Daniel Crosby, bestselling author of The Soul of Wealth

“MarketWatch columnist Beth Pinsker has written a vital and relatable book for anyone and everyone dealing with the financial issues that come with aging, whether their own or those of a family member. Based in part on her own experiences as her mother aged and needed assistance, Pinsker My Mother’s Money provides practical tools and advice that will help any financial caregiver avoid pitfalls. This very approachable book will help family caregivers avoid hours of frustration and wasted time.”—Harry Margolis, elder law attorney and author of Get Your Ducks in a Row: The Baby Boomers Guide to Estate Planning

“As a financial adviser who has spent decades helping women take control of their money, I found this book both heartbreaking and validating. Pinsker’s story is personal, yet incredibly universal—it speaks directly to the millions of women silently carrying the burden of elder care, often while raising children and managing careers of their own.”—Cary Carbonaro, CFP®, author of Women and Wealth

Like listening to a friend across the kitchen table

Well thought out, covered all relevant and some that are relevant to others (guns)—while presented in a friendly and helpful way.