Elder Financial Management Legal Assistance

As your cherished family member gets older, they may need some help with their day-to-day financial tasks. Ordinarily simple tasks such as balancing a checkbook and paying household bills become increasingly difficult for the elderly.

You could take care of their day-to-day financial tasks yourself, if you have the time and live close. But if you don't, you may want to consider hiring a professional to help.

I am Allen Schuldenfrei, an experienced attorney in the Baltimore area. With the elder care services at my office, you get the help of a caring, honest and knowledgeable professional. Someone on your team, looking out for your loved one's best interest. Give me a call today to discuss your specific needs.

What Issues Do You Need To Address?

With my office involved, your loved ones get assistance with their daily finances and business duties and you are kept informed of every step we make. That way, you always know that your family members' needs are being met.

Whether your loved one is no longer entirely independent or simply needs extra help to enjoy their lives, you get help in any of the following areas:

  • Reviewing and paying household bills, budgeting and record keeping
  • Assistance with check writing and checkbook balancing
  • Making sure money is received, receipted and deposited
  • Offering second opinions regarding household issues and unexpected situations
  • Handling day-to-day financial transactions such as home repairs, routine maintenance, and emergency medical expenses
  • Planning retirement account distributions and safeguard against improper disbursements
  • Organizing and reviewing personal, financial and legal documents to determine what needs to be addressed
  • Preparing an inventory of personal assets and investments
  • Identifying and planning their retirement income, needs and goals
  • Determining current and long-term cash flow needs by analyzing income and expenses
  • Addressing questions about lifestyle, Social Security, pensions, Medicare and long-term insurance
  • Monitoring investment portfolio and other assets in conjunction with their investment adviser
  • Preparing, planning and filing income, trust, gift and estate tax
  • Providing referrals to local services and agencies
  • Arranging proper level of care, transportation and caregiver assessment

Take Action

Please contact attorney, Allen Schuldenfrei at 410-358-7435 for information about your elder financial management needs. Or, if you prefer, complete the online form.

I handle clients throughout Harford, Howard and Anne Arundel counties.