The Cost of Independence
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As we age, so do our parents. And that means they might need our help, just as we once needed theirs.

Episode 04 - Regions Wealth Podcast Series

But how do we care for them without breaking their spirit — or breaking the bank? Wealth Planner and Wealth Planning Program Administrator Bill Scofield joins us in studio to discuss the financial and emotional impact of moving an elderly family member into your home and what steps you should take in terms of family finance planning.

Listen and subscribe on your favorite podcast player. Find our Regions Wealth Podcast on Spotify, Stitcher, and iTunes.

Meet the Speaker

Bill Scofield is a Wealth Planner at Regions Private Wealth Management. He brings to our team more than 27 years of wealth planning and financial services experience, the past seven with Regions. Bill delivers sophisticated financial and estate planning solutions to corporate executives, business owners, professionals, and high net worth individuals and families. In addition to earning his law degree, Bill is also a CERTIFIED FINANCIAL PLANNER™ professional. Want to find an advisor like Bill? Contact a Wealth Advisor today.

Listen to More in Our Podcast Series

Our Regions Wealth Podcast empowers you to be smart about life's financial challenges. Gain confidence in your personal or business financial strategy. Listen to more episodes to hear how experienced wealth advisors approach the big financial questions we all face.

Get the transcript.

Find more helpful tips for reaching your financial goals:

Caring for an Elderly Parent: Costs to Consider

Care for Your Aging Parents and Avoiding the Stress

Survival Tips for the Sandwich Generation

Certified Financial Planner Board of Standards Inc. (CFP Board) owns the certification marks CFP®, and CERTIFIED FINANCIAL PLANNER™, in the U.S., which it authorizes use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements.

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This information is general in nature and is not intended to be legal, tax, or financial advice. Although Regions believes this information to be accurate, it cannot ensure that it will remain up to date. Statements or opinions of individuals referenced herein are their own—not Regions'. Consult an appropriate professional concerning your specific situation and irs.gov for current tax rules. Regions, the Regions logo, and the LifeGreen bike are registered trademarks of Regions Bank. The LifeGreen color is a trademark of Regions Bank.