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Research Note: Managing the Financial Assets of Older People: Balancing Independence and Protection
Authors:Tilse  Cheryl; Setterlund  Deborah; Wilson  Jill; Rosenman  Linda
Abstract:Family involvement in managing the financial assets of olderpeople is an area of policy and practice importance. This importancerelates to the complexity of older people’s assets, systemsof paying for care and concerns around substitute decision-makingand financial abuse. Although a common task of informal care,little is known about older people’s experiences and wishesin relation to asset management. This paper reports on a qualitativestudy of the experiences and perspectives of thirty-four olderpeople receiving such assistance. It identifies three scenariosthat promote or inhibit independence in this context and drawsout the challenges for this emerging area of practice with olderadults and their families.
Keywords:ageing  independence  asset management
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