I am increasingly making mistakes paying my bills, but my son won’t manage my finances. Where else can I get help?

Consider hiring what’s known as a daily money manager: a professional who specializes in helping to pay bills and handle related paperwork. This can be done in person or remotely, says Alison Salisbury, immediate past president of the American Association of Daily Money Managers (AADMM), which grants a designation of certified daily money manager to members who meet work experience, examination and background check requirements. Many are bonded, providing some protection for customers against misdeeds by managers or their employees, says Larry Hilton, president of Dominion Insurance Services, which provides liability insurance to AADMM members. Look for them at secure.aadmm.com/find-a-dmm. Before hiring one, “definitely” interview candidates and ask for client references, Salisbury says.

When I refinanced my condo, I wanted to make my daughter a co-owner. She declined, stating that she would be subject to a gift tax. Is this correct?

No. Gift taxes are paid by the estate of the giver, not recipients. (And very few estates pay it; yours will owe federal gift taxes only if all your taxable gifts over the years exceed the total lifetime exclusion, now $12.92 million.)

Nonetheless, making your daughter co-owner isn’t necessarily a good idea. By acquiring part of your condo now instead of inheriting the unit upon your death, she would miss out on a potentially valuable tax advantage known as a step-up in basis, explains New York City financial adviser Erika Safran. Suppose your condo is worth $200,000 when you gift half of it, but it’s worth $400,000 upon your death. If your daughter immediately sells it for that amount, she’ll owe capital gains taxes on the $100,000 increase in value of her half of the condo. If, on the other hand, she inherits the condo on your death, she’d owe zero capital gains taxes on the same sale.

As a co-owner, your daughter would share the responsibility for property taxes, association dues and the mortgage, says Lawrence Pon, a CPA in Redwood City, California. Even if you pledge to handle it all, those may be obligations she isn’t ready to be associated with. —With Niamh Rowe