Recognizing the Signs of Financial Abuse It is important for all of us to know the signs of financial exploitation so we can help prevent this from happening to our loved ones, such as our parents, grandparents, aunts, uncles or dear friends. There are several warning signs to look for and then to question further. Read more
Reducing the Financial Fatigue of Caregiving There are many rewards of caring for a loved one, but caregiving can also come at a cost. According to several studies, the average female caregiver loses more than $324,000 during their lifetime in wages, pensions and Social Security benefits, due to their caregiving responsibilities. Read more
Protecting a Loved One from Financial Exploitation Financial exploitation or abuse of older adults occurs when a person’s resources are used by another for personal profit or gain, or when actions are taken that deprive an older person of the benefits entitled to them. No one is immune. This sort of theft can happen to anyone regardless of social standing and education levels. Read more
5 Tips for Managing a Loved One’s Finances It's not always easy talking to our loved ones about their personal finances, and it can be even more difficult to help them realize that it may be time to turn the reins over to us or another caregiver. Avoiding the conversation, though, can lead to unnecessary stress and unwarranted headaches later on, and can leave our loved ones open to financial exploitation. So how do we start the conversation? And what should we say? Read more
Understanding the Dangers of Medical Identity Theft Identity theft is a worldwide phenomenon with very personal results to those who’ve been victimized by con artists and thieves. With our support, our loved ones need to be ever vigilant in guarding their personal, financial and medical identities. Read more
Understanding Estate Planning and Advance Directives As we age, we may grow concerned about the possibility of no longer being able to make decisions for ourselves, and how we will provide for our family financially after we pass away. If we are caring for an aging loved one, encouraging them to begin preparing for the future through estate planning can provide us all with the peace of mind of knowing that their health care and financial wishes will be respected, and their loved ones will be taken care of. Read more
