From the File Drawer

  • Seniors Should Have Open Books

    Discussing money is taboo in our culture.  We generally don’t share how much we make and spend, or how much we have in the bank with our children, our siblings, or even our closest friends.  W Read more...

  • What Personal Documents Should You Keep and for How Long?

    We are often asked about how long specific records should be kept. Discarding records that should be kept poses a wide range of potential tax and legal problems. Keeping reports too long wastes pr Read more...

  • Do You Really Have to Fill Out Your Tax Organizer?

    It’s tax time and we all know how daunting it is to put together the package of documents for your accountant or other tax preparer.  The document that seems to scare us the most is the tax organ Read more...

  • Data, Not Drama

    When I was a fairly new daily money manager (DMM), I had a client whose children were fighting over how her money was being used by one of the siblings.  They were asking me to be a go-between and  Read more...

  • Taking the Reins of Your Parents' Finances

    Your folks are in their 70s or even 80s and they're doing just fine.  They are independent and you want them to remain so for as long as possible.  They want that, too, and are reluctant to tell Read more...

  • Read Those Statements!

      Tax season is over and I now have time to reflect on the tax preparation process.  Back in March, I organized my mom's deductible expense data.  She's 82 and still does her own banking, on Read more...

  • Top 10 Financial Organizational Tips For Peace of Mind

    Top 10 Financial Organizational Tips For Peace of Mind 1. Sort Mail as Soon as it Arrives • Toss junk mail. • Shred sensitive documents. • Separate out bills and keep them all in one place Read more...

  • Filing for Seniors 101

    You are starting to help your 85 year-old mother with her finances. With the convenience of online banking, you can do most of the work easily, even though you live across the country. When you come t Read more...

  • This February, Don't Give Chocolate

    This February, Don't Give Chocolate February is the month for love, when we think of giving our loved ones flowers or chocolates or other tokens of our affection. This February, I’m dispensing wi Read more...

  • Where Did Your Money Go?

    Where Did Your Money Go? Most of us know how much money we make but very few can rattle off how much we spend and what we spend it on. For individuals who are comfortable financially, with plenty of  Read more...

  • Leah Featured on B'nai B'rith Website

    B'nai Brith interviewed Leah Nichaman about the pressing problem of elder financial abuse. Read the online exclusive article here. Read more...

  • Geriatric Care Managers: A Gift to Seniors and Their Families

    My husband cares for his uncle who is 79 years old and lives in another state, 400 miles away from our home. There are a couple of relatives who live near his uncle, but my husband is responsible for  Read more...

  • Don’t Wait Until Next April

    It’s the day after Tax Day! If your taxes were done, yesterday was a day to relax and feel in control. If they aren’t done yet, you can breathe easier since your extension gives you 6 more months  Read more...

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