3 sites to help aging parents organize details

By LIZ WESTON

NerdWallet

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 his 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 peacefully.

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.

WHEALTHCARE

Whealthcare was co-founded by two people who specialize in the areas where health care meets finances: physician-turned-financial-planner Carolyn McClanahan and software developer Chris Heye, whose other company, Cogniscient, develops cognitive and behavioral assessments to aid older people in making sound financial decisions.

Users answer questions on the Whealthcare site, and these assessments are used to create a “financial caretaking plan” that identifies the issues they’re likely to face as they age.

Another assessment gauges a person’s risk for fraud, exploitation and bad financial decision-making, and offers recommendations for protecting against those threats. A “proactive aging plan” helps people prepare for transitions in living arrangements, driving and health care decisions, allowing them to document their wishes. A feature called WhealthcareConnect can match people to financial advisers who specialize in issues facing older adults.

The annual cost is $39 for one individual plan, $69 for a couple and $149 for a family plan that includes up to five people.

EVERPLANS

Everplans is an online vault where you can store important documents, contacts, login credentials, instructions on what to do with your social media sites and anything else your family might need to know to handle your affairs. The site offers step-by-step guidance to identify and organize your important information, from insurance policies to pet-care plans. If you’re not comfortable uploading something to the site, you can leave instructions to help your family find what they need. You name “trusted deputies” and decide what they can access on the site, and when.

The service costs $75 per year.

EVERSAFE

EverSafe monitors financial accounts for unusual activity, large transactions and other potential problems. The site alerts you via email, text or automated phone call and can be set up to signal trusted others, as well.

The basic service, which costs $7.49 per month after a 30-day free trial, monitors bank and credit-card accounts and the dark web, where your personal information may be for sale. For $14.99 per month, you can add credit monitoring. For $24.99, the site will monitor investment accounts as well. An additional $4.99-per-month service monitors your home and other real estate for new liens or defaults on your property.