Michelle Muhammed

Key Takeaways Year-end holidays may be a good time to initiate a discussion about financial matters that may impact your family. If you have adult children, you may want to discuss your financial situation, estate strategy, and legal preparations for the future with them. Your financial situation can include your sources of income, how you pay your bills, the passwords you use to access your financial information, where your accounts are kept online, and who makes up your team of financial,...

The $290,000 Reality Check Every Family Needs to See As families gather for the holidays, there's a conversation many are avoiding, but shouldn't. The numbers around caring for aging parents have shifted dramatically, and the financial implications are hard to ignore. Quick Facts That Might Shock You: 1 in 4 Americans is now a caregiver (63 million people—up 45 percent in just 10 years) 1 Round-the-clock home care now costs nearly $290,000 annually 2 23 percent of caregivers go into debt; 13...

A 2025 Guide to Protecting Seniors from Fraud If you’ve found yourself stepping into a more active role in your parents’ financial lives,...