Helping Mom With Money Before It's Too Late (SB1853)

One day you're comparing Roth IRA options. The next you're helping Mom navigate long-term care paperwork, fighting with a bank over a power of attorney document, and wondering how anyone manages all this without losing their sanity.

Welcome to the world of financial caregiving.

Today, certified financial planner and financial journalist Beth Pinsker joins us to share the lessons she learned while helping manage her mother's finances during a health crisis. From powers of attorney that don't always work when you need them to the surprising warning signs that an aging parent may need help, Beth offers practical advice every family should hear before an emergency arrives.

Then in our headline segment, a blast from the financial past: unconventional mortgages are making a comeback. Are these products helping qualified borrowers who don't fit the traditional mold—or are we seeing early warning signs of the next lending problem?

Plus, Doug celebrates the legacy of Ray Charles with today's trivia challenge.

In Today's Episode

• Why financial caregiving is far more complicated than most families expect
• The paperwork Beth wishes she'd completed before her mother's medical emergency
• How power of attorney works—and why it may not work as smoothly as you think
• Warning signs that a parent may be struggling financially or cognitively
• The surprising problems created by passwords, two-factor authentication, and modern banking systems
• Why trusted contacts, healthcare proxies, and emergency document folders matter
• Common family conflicts that emerge during caregiving and estate settlement
• Whether today's unconventional mortgages should worry homebuyers
• The important differences between today's lending environment and 2008
• Ray Charles trivia from Doug

Our Guest

Beth Pinsker

Beth Pinsker is an award-winning financial journalist, Certified Financial Planner™, and author of My Mother's Money: A Guide to Financial Caregiving. Through both her professional expertise and personal experience, Beth helps families prepare for the financial realities of caring for aging loved ones.

Mentioned In Today's Show

• My Mother's Money: A Guide to Financial Caregiving by Beth Pinsker
• Long-term care insurance
• Financial power of attorney
• Healthcare proxy documents
• Trusted contacts
• Estate planning basics
• Non-conforming mortgages
• Ray Charles

Doug's Trivia

Which Ray Charles hit became an official state song?

Better Call Saul...Sehy & OG

What financial caregiving preparations have you already completed—and which ones are still sitting on your to-do list?

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