Paying your parent’s bills and need help from siblings? “4 Great New Tools to Manage Your Money” discusses a new company called “PayTap” that will allow you to work with family members to pool the money to help pay Mom and Dad’s bills.
I have quite a few clients whose children live out of town or out of state, and it is hard for the siblings to communicate when Mom or Dad need something. This website allows you to communicate with siblings and have them send the payments to one place, and then transfers the money to the family member handling the bill paying. An email is sent to the family members who paid the bill and to the person who requested the money. A great way to track expenditures!