3 sites to help aging parents organize details

Certified financial planner Sean Fletcher of San Francisco knew his dad had an estate plan, complete with a health care directive detailing what medical treatment should be given in an emergency. When the father had a massive heart attack, though, no one knew where he kept those documents.

Fletcher’s family was lucky: An aunt found the paperwork in a closet. His mother was able to stop treatment according to his father’s wishes so that he could die more peacefully.

“Despite her misgivings, I believe this minor miracle gave my mom the confidence to carry out what she had agreed to do,” Fletcher says.

It’s not enough to be organized and responsible. We need to think about who will be responsible next. Fortunately, there are several sites that can facilitate that transition for our aging parents — and also for ourselves. In my latest for the Associated Press, three websites to help keep everyone organized.

The magic of tidying up your money

ClutterFor the uninitiated, it probably seems weird that a book with the unlikely title “The Life-Changing Magic of Tidying Up” can be a New York Times bestseller–or that the introverted Japanese author Marie Kondo is now so famous she can no longer ride the Tokyo subway for fear of being mobbed.

Kondo contradicts a lot of the accepted wisdom about the best ways to organize, urging marathon sessions and encouraging people only to keep what “sparks joy.”

Here’s how the New York magazine writer Molly Young describes the appeal:

In theory, Kondo should translate poorly to American audiences. We don’t like being scolded, we don’t like foreigners telling us how to live, we don’t like our sloppily balled socks treaded on. We don’t like paying $16.99 for 224 pages of nagging. Our roommates and spouses do that for free.

But Kondo doesn’t nag. Instead, she urges a kind of animistic tenderness toward everyday belongings…Kondo’s thesis—that the world is filled with worthy recipients of mercy, including lightweight-microfiber ones—is as lovely as it is alien. It’s empathy as an extreme sport.

While reading the book, it struck me that while you may not want to apply all Kondo’s principles to your stuff, they actually work pretty well when applied to your money. For more, read my DailyWorth column, “The Life-Changing Magic of Tidying Up Your Finances.”

 

Wednesday’s need-to-know money news

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Home Depot Data Breach: What to Do If You’ve Shopped There Recently
The latest big name target of credit data theft.

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The best organization strategies based on your personality.

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Some of these fees will astound you.

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Choose wisely.

Thursday’s need-to-know money news

images (2)Today’s top story: Organizing your finances in just two minutes a day. Also in the news: How to retire in comfort, estate planning mistakes boomers should avoid, and what to look out for when buying an older home.

How to Organize Your Finances in Just 2 Minutes a Day
Surely you can spare two minutes.

Get These 4 Big Things Right to Retire in Comfort
Focus on the essentials.

Estate Planning Mistakes Every Boomer Should Avoid
Don’t go it alone.

5 Things to Look Out for When Buying an Older Home
Avoiding a money pit.

How Investing Affects Your Taxes
Don’t get caught off guard.