A. There are 3 options a solo ager faces when protecting finances:
1. Use a trust
You could set up a living trust and put all the assets into it. You could be your ow trustee, or name a relative or a financial institution as successor trustees to take over if necessary.
Eventually, the institution would handle all your bills and investments, the advantages are professionalism, experience, and guidance offered by experts, but the con is it will not be cheap, as traditional trust companies only serve clients with several million dollars, even mainstream financial institutions such as Fidelity, Schwab and Vanguard would charge a few thousand dollars a year.
2. Use bill pay services
You could find bill-paying service companies for day-to-day money management, then hiring accountants and attorneys to make bigger financial decisions. You can find such service companies through the American Association of Daily Money Managers (aadmm.com), or SilverBills who would review bills and authorize payments for a flat monthly fee starting at $99.
3. Do it yourself
While you are still capable and independent, you can do all these by yourself, but you need to start thinking the time when you couldn't.