Financial Services

Taking care of day- to-day household finances and related affairs can be overwhelming and a full-time job, whether you are a senior who needs an extra hand, an adult child looking for a second set of eyes (and peace of mind) when you can’t be with your aging parent, or a busy professional whose time is monopolized by work. Our Client Advocates provide support and “boots on the ground” to mitigate feelings of disarray while helping maintain control and independence.

Financial Services

Taking care of day- to-day household finances and related affairs can be overwhelming and a full-time job, whether you are a senior who needs an extra hand, an adult child looking for a second set of eyes (and peace of mind) when you can’t be with your aging parent, or a busy professional whose time is monopolized by work. Our Client Advocates provide support and “boots on the ground” to mitigate feelings of disarray while helping maintain control and independence.

Here’s how we can help:

Bill Pay & Bank Account Reconciliation

This is one of the key services that My Personal Bookkeeper provides for clients. In most cases bill paying is done online, often set up as auto pay, which can easily be executed and monitored by our Client Advocates either with the client or remotely. In the event that bill payment is done by hand, the advocate can provide whatever level of assistance is needed, often making out the checks. We prefer to have the clients sign the checks for as long as is reasonably possible in order to maintain a sense of control and dignity.

Household Budgeting

Our advocates can document all income streams—salary, social security, pensions, IRA distributions, maintenance, and others—as well as review and track expenses. Funds can be transferred between accounts when needed. Advocates can create and update spreadsheets for clients and/or their families or professional advisors to better understand the financial status of a client and predict cashflow on a monthly and annual basis.

Tax/Investment Coordination

While the majority of our clients have longstanding relationships with accountants and/or attorneys who do the actual tax preparation and filing, we can help clients remain organized on their end and ensure ongoing documentation and record keeping. In some cases we find clients have not filed taxes in several years and no longer have an accountant or lawyer, in which case we can arrange an introduction to a new resource and help both the client and accountant catch up.  In either case we will coordinate with financial and legal advisors to ensure needed documents are provided in a timely and efficient manner.

Insurance/Medicare Claim Navigation & Monitoring

Many of our clients and their families come to us during or after a significant medical event.  Medical bills and insurance statements may have stacked up over time and, although issues/questions may have been raised, none have been addressed directly with providers. Our advocates review all the bills and insurance documents/EOBs, and they can address any billing and/or insurance claim disputes, keeping the insurance carrier accountable to the client’s plan deductible.

Estate/Legal Affair Resolution

Our advocates can help clients, and potentially their families, to review important legal documents such as Power of Attorney, Health Care Proxy, Advance Directive, Living Will, and others, and make certain they are provided to the attorney in an organized, efficient manner. We also assist estate attorneys after a client passes to collect and organize information needed to resolve the client’s estate.

Customized Service

We develop a customized plan based on any combination of the above, as well as the client’s specific needs and requests.

Here’s how we can help:

Bill Pay & Bank Account Reconciliation

This is one of the key services that My Personal Bookkeeper provides for clients. In most cases bill paying is done online, often set up as auto pay, which can easily be executed and monitored by our client advocates either with the client or remotely.  In the event bill pay is done by hand, the advocate can provide whatever level of assistance needed, often making out the checks however we prefer to have the clients sign the checks for as long as reasonably possible to maintain a sense of control and dignity.

Household Budgeting

Our advocates can document all income streams – salary, social security, pensions, IRA distributions, maintenance and others as well as review and track expenses.  Funds can be transferred between accounts when needed.  Advocates can create and update spreadsheets for clients and/or their families/professional advisors to better understand the financial status of a client and predict cash flow on a monthly and annual basis.

Tax/Investment Coordination

While the majority of our clients have long standing relationships with accountants and/or attorneys who do the actual tax preparation and filing, we can help the client remain organized on their end and ensure ongoing documentation and record-keeping.  In some cases we find clients have not filed taxes in several years and no longer have an accountant/lawyer in which case we can arrange an introduction to a new resource and help both the client and accountant catch up.  In either case we will coordinate with financial and legal advisors to ensure needed documents are provided in a timely and efficient manner.

Insurance/Medicare Claim Navigation & Monitoring

Many of our clients and their families come to us during or after a significant medical event.  Medical bills and insurance statements have stacked up over time and although issues/questions may have been raised none have been addressed directly w/providers.  Our advocates review all the bills and insurance documents/EOBs and can address any billing and/or insurance claim disputes-keeping the insurance carrier accountable to the client’s plan deductible.

Estate/Legal Affair Resolution

Our advocates can help clients and potentially their families review important legal documents such as Power of Attorney, Health Care Proxy, Advance Directive, Living Will and others and make certain they are provided to the attorney in an organized, efficient manner.  We also assist estate attorneys after a client passes to collect and organize information needed to resolve the client’s estate.

Customized Service

Based on any combination of the above as well as the client’s specific requests and needs.

Speak with our team about
Financial Services

 

Speak with our team about
Financial services