Be alert and stay informed. It takes surprisingly little time for an exploiter to wipe out a lifetime of savings.
- Knowledge is the most effective weapon against elder financial abuse.
- Staying alert and attuned to banking and credit card activity is the first line of defense.
- Seniors and their advocates should also familiarize themselves with common cons and scams to avoid falling prey to abuse.
- Plan for that day in the future when you or your loved one may become ill or incapacitated. If all goes well, aging won’t mean a loss of independence.
- Appointing a trusted family member, friend or professional as an agent pursuant to a Power of Attorney, and using EverSafe, will help ensure financial protection and peace of mind during the golden years.