With today’s difficult economy, scammers are getting more and more cunning in their tactics. This means that everyone, and especially elderly loved ones, needs to be on the lookout for these malicious frauds. But how can you help protect your loved ones from scams? Here are a few tips to help you help them.
1. Help them get organized – It is important that you and your elderly loved one know where important documents are. Do you know where your father’s pension plan papers are? Do you know where your parent’s marriage license is? Where do they keep their financial records? Where do they bank? If their information is organized and accessible to them and to you, they have taken the first step to protecting themselves. [Read more…]