Caring for a loved one's financial matters is one of the more personal but important responsibilities a caregiver can take on for an elderly person. Some people have a hard enough time coping with their own financial responsibilities, let alone taking on someone else's as well. Most seniors feel they are more than capable of handling their own money, however, there are several things a caregiver can do to help them cope with the burden of looking after a loved one's financial matters and not come off as the medalling son or daughter.