Does anyone know if it is legal for an employee of an Independent living facility in a CCRC to keep a woman's check book and ledger book and take care of her finances ? This woman has inheirited a large amount of money and I personally don't feel it is right for them to know her financial status or to be taking care of her finances at all. Am I wrong ? Thank You
A much better alternative is to hire a Daily Money Manager, who is a professional that specializes in exactly this sort of thing. You can find a DMM in your area through the American Association of Daily Money Managers (www.aadmm.com).