A comprehensive, compassionate guide for navigating end-of-life financial decisions for an aging parent or other loved one--from an award-winning journalist who is also a Certified Financial Planner

Have you just gotten the dreaded phone call--a parent or loved one has taken a turn for the worse and suddenly the burden is on you to manage their affairs? Or are you simply hoping to navigate complex financial conversations with your aging mother or father well in advance so you don't encounter problems later? This is the book for you.

In this practical handbook, award-winning MarketWatch columnist and financial expert Beth Pinsker walks you through everything you need to know about the complex world of end-of-life financial planning. Weaving personal stories from her experience caring for her elderly mother with best practices gleaned from more than 100 experts and family caregivers, My Mother's Money is a much-needed lifeline to those facing one of life's most challenging transitions. Drawing on the latest legal, financial, and healthcare resources, Beth offers clear, actionable advice on common scenarios millions of people will face:

• How to become a parent's legally authorized healthcare and financial proxy
• Budget templates for projecting long-term care costs
• Easy-to-understand advice on settling an estate or handling insurance
• Scripts for broaching tricky conversations with aging parents
• Strategies to avoid potential financial shortfalls
• Tips for managing the emotional toll of "caregiver burnout"

Watching your parents age can stir up a mix of emotions--nostalgia, concern, and often, a sense of uncertainty about the future. And assuming care for your aging loved ones can be an overwhelming sea of endless checklists, textbook explanations, and mind-numbing paperwork. With this definitive guide to elder financial planning, you can navigate these processes with confidence, saving time, energy, and peace of mind for what really matters.