The biggest obstacle to facing an elderly client's decline may be the client's family

07/17/2013 | ThinkAdvisor

Most Americans would rather not discuss who will make financial decisions in the event an aging family member cannot, according to a survey conducted by the National Endowment for Financial Education, but 47% of the survey respondents said that they or family members with cognitive decline have had difficulties paying bills. This article offers four tips to assist investment advisers in helping elderly clients and their families address the potential impact of mental decline on financial decision making.

View Full Article in:

ThinkAdvisor

Published in Brief: