Caretakers of older parents have a lot to juggle. Members of the “sandwich generation” need to balance parenting young kids and caring for aging parents. And they face even more challenges with the growing threat of senior financial fraud, which costs older adults over $36 billion annually according to the Better Business Bureau – in many cases, where the victim is unaware it’s even happening.

With greater awareness and thoughtful planning, you can help your parents manage their finances. J.P. Morgan Wealth Management recently published a new white paper to help provide a guide for caretakers to help support their aging parents.

With greater awareness and thoughtful planning, you can help your parents manage their finances.

Here are a few tips to keep in mind:

Take inventory, map out

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