Protecting Assets from Nursing Home Costs

Category: Eldercare

September 11, 2015  |  

Scams Affecting Seniors

Key Takeaways Seniors are targeted by criminals for their wealth and naturally polite and trusting nature. Protect yourself by knowing what to avoid. Use your advisor and loved ones to help with decisions. Sam is one of the sharpest 87 year-olds I know.  Several months ago, he was contacted by a cyber-criminal masquerading as a Microsoft tech service employee.  The criminal claimed that Sam’s computer was having problems and the fraudster said he needed to […]

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December 30, 2014  |  

How to Prevent Scams on Seniors

Financial scams targeting seniors have become so prevalent that they are now considered by some to be the “crime of the century.”  The below article by Marlo Sollitto of Agingcare.com does an excellent job of provided context and suggestions for lessening the risk of fraud on the elderly.  The article discusses the fact that Scam artists relentlessly prey on seniors. Why are the elderly more susceptible and more likely to become victims of a scam? […]

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May 15, 2014  |  

What is an assisted-living facility, and how do I choose one?

What is an assisted-living facility? The wide number of options available makes defining the term difficult.  Generally, however, assisted-living facilities primarily serve senior citizens who need more help than those who live in independent living communities. These facilities typically offer rental rooms or apartments, housekeeping services, meals, social activities, and transportation.  Their primary focus is social, not medical, but some do provide limited medical care.  Other terms used to describe assisted-living arrangements are board and […]

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May 8, 2014  |  

My Parents Can’t Manage Alone. What should I do?

Are one or both of your  parents having health  problems, suffering mental lapses, or just slowing down with age?  Do you find they can’t manage on their own anymore?  If so, you’ll want to consider the various living arrangements that are available to older individuals.  Before you begin, however, you’ll want to talk to your parents and siblings.  If your parent is suffering from a cognitive disorder, you may also want to consult an attorney […]

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