Being independent for most people remains a top goal throughout their lives. From the time children become teenagers, the goal for independence becomes strong. Adults maintain this goal throughout their life and it is often considered a measure of personal self worth. It can be difficult for a parent to give up any independence, ranging from their right to drive, to living alone, to having others responsible for their health care and even financial matters. It is important, however, for both the parent and their family that these matters are carefully managed. This article addresses those warning signs that indicate that you should consider helping your loved ones with their financial affairs to help them remain as independent as possible.

1. Bills become delinquent. Even if there are funds available to pay the bills, are they going unpaid? This could be for a number of factors including the recent loss of the family member that managed this part of the relationship. Many couples have divided up the financial responsibilities at home, sometime with one of the partners managing all financial matters. The remaining parent may not even be aware what bills are legitimate and which bills are fraudulent solicitations. The impact of travel and memory also impact timely payment.

2. Spending on items that do not seem appropriate. A remaining partner may not understand what it costs to maintain the financial aspects of their life such as mortgage payments, insurance coverage, taxes and other major cash outflows. They may inaccurately believe that they have enough to live the rest of their lives even while giving extravagant gifts or taking long, while perhaps deserved, trips or buying expensive items.

3. Household repairs are being done. Work is being done to their home when you didn