Russ Sweeney of Elder Care Family Advisory Services offers financial management and elder care services to help families address the challenges of caring for an aging loved one from a distance, including paying bills, reconciling accounts, coordinating with agencies, and providing status reports and fraud prevention to help ease the responsibilities and provide peace of mind. Sweeney has over 20 years of accounting experience and 17 years of hands-on experience handling issues related to aging such as dementia, finances, and navigating red tape. Services include developing a customized elder care plan, routine bill payment and record keeping, and Medicare/Medicaid and tax preparation assistance.

1. PEACE OF MIND
Russ Sweeney
Elder Care Family Advisory Services
821 Dix Street
Manchester, NH 03103
603-205-5694

2. There may come a time…..
• When the child becomes the parent
• Additional responsibilities can be
challenging :
▫Your own family and job
responsibilities
▫Limited time
▫Distance and geography
▫Learning curve
▫Government agencies and Red Tape

3. Potential Problems
• Missed bill payments
• Termination of Services
• Loss of Benefits
• Victimization

4. Qualifications
• Practicing Corporate Accountant for over
20 years
• 17- years hands-on experience handling:
▫ Dementia, Stroke and other age-related
illnesses
▫ Financial Needs
▫ Elder Care Red Tape
• Fully bonded for your protection

5. Assessment and Planning
• Meet with all concerned parties to
assess needs
• Develop a customized plan together for
managing your loved one’s finances
• Begin agreed upon program
• Assist in identifying additional services
and/or professional needs

6. Routine Services
• Bill payment and mail screening
• Monthly bank reconciliation
• Record Organization and Reporting
• Medicare and Medicaid Counseling
• Seamless coordination with:
▫legal representatives
▫Federal, State & Local agencies
▫Healthcare professionals

7. Bill Payment: Two Approaches
• Authorized Payment
▫ Funds deposited to separate account
▫ Bills reviewed, checks prepared. Elder
Care Family Advisory Services
authorized to pay bills
• Payment requiring family member
signature
▫ Review bills and prepare checks
▫ Submit checks for your signature

8. Status Reporting
• Monthly summary of all bills paid
• Reconciliation of bank and other financial
statements
• Copies of all bills paid
• Alerts of any issues needing immediate
attention

9. Fraud Prevention
• Mail screening
• On line monitoring of bank statements,
charge cards and cash withdrawals
• Review of all bills for reasonableness
• Monitor for changes in expenditure
patterns

10. Medicare & Medicaid Counseling
• Review Medicare/Medicaid eligibility
requirements
• Prepare Medicaid application for nursing
home eligibility

11. Record Keeping & Tax Preparation
• Identify and monitor tax deferred
withdrawals and expenses to minimize tax
liability
• Organize all records to support the tax
returns
• Prepare State and Federal tax returns

12. PEACE OF MIND
Russ Sweeney
Elder Care Family Advisory Services
21 Kessler Farm Drive #379
Nashua, NH 03063
603-205-5694