People who become intensely private about money in old age aren’t being secretive, they watched what happened to somebody they loved once the family found out the number

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But research on inheritance expectations, family financial exploitation and decision-making power helps explain why keeping “the number” private can feel less like concealment than self-protection. An older person might see a widowed friend mention a substantial account and then lose the right to spend without explanation. Research into families using powers of attorney has also found that fairness conflict and entitlement attitudes were associated with elder family financial exploitation, while better family functioning was negatively associated with it. The wider family does not necessarily need a running total. Does somebody know where the important information is stored?