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Should You Help Family with Money? Boundaries, Trade-Offs, and a Safer Plan

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Manage episode 517829557 series 2363800
Content provided by Bruce Sellery. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bruce Sellery or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

PWL Capital Portfolio manager, Dan Bartolotti, walks through how to support parents or relatives in financial trouble without sinking your own plan. We discuss assessing whether you can help via a real financial plan (not back-of-the-envelope), setting clear boundaries to avoid enabling overspending, and deciding when “strings attached” make sense. You’ll hear best practices for sibling coordination, navigating incomplete info or embarrassment, and preparing for cognitive decline with tools like trusted contacts and powers of attorney.

  continue reading

288 episodes

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iconShare
 
Manage episode 517829557 series 2363800
Content provided by Bruce Sellery. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bruce Sellery or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

PWL Capital Portfolio manager, Dan Bartolotti, walks through how to support parents or relatives in financial trouble without sinking your own plan. We discuss assessing whether you can help via a real financial plan (not back-of-the-envelope), setting clear boundaries to avoid enabling overspending, and deciding when “strings attached” make sense. You’ll hear best practices for sibling coordination, navigating incomplete info or embarrassment, and preparing for cognitive decline with tools like trusted contacts and powers of attorney.

  continue reading

288 episodes

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