In this episode of Journey to Launch, I'm joined by Beth Pinsker, financial planning columnist for MarketWatch, Certified Financial Planner, and author of My Mother's Money: A Guide to Financial Caregiving. Beth shares her personal and professional insights on what it really takes to manage a loved one's finances and why preparing now can save you (and your family) heartache, time, and money later.

We talk about the realities of caregiving from setting up power of attorney and health care proxy forms, to navigating long-term care insurance and estate planning. Beth's own journey caring for her mom opened her eyes to how unprepared most of us are for this role and inspired her to create the guidebook she wishes she'd had.

In this episode, Beth also shares:

How to proactively start financial caregiving conversations with your parents or adult children even when it feels uncomfortable
The real cost of caregiving (and how to plan for it before it derails your financial goals)
How to handle sibling dynamics and avoid conflict when managing a parent's money
he importance of updating beneficiaries, wills, and trusts and why it's easier than most people think

Check out the video to this episode on YouTube here.

Other related blog posts/links mentioned in this episode:

Read Beth's book, My Mother's Money: A Guide to Financial Caregiving
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Connect with Beth:

Website: BethPinsker.com
Instagram: @bethpinsker_ny
Bluesky: bethpinsker.bsky.social‬

Connect with me:

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