Blog: November 2014

The Ugly Truth About Elder Financial Abuse & Fraud

Elder financial abuse and fraud is one of the largest growing changes in the care of seniors.

There are eight major sources of fraud: family members (including the result of sibling rivalry); unscrupulous businesses; caregivers; trusted professionals; transients; neighbors; “friends”; and what are called “sweetheart scammers."

“Sweetheart Scammers,” both domestic and foreign, ask seniors for money for a sick relative or an emotionally-compelling emergency that tugs at the heartstrings.

Synergy: Enhancing the Work of a Team Already in Place

Synergy: Enhancing the Work of a Team Already in Place By Eddy & ScheinWhen a client has a team of healthcare, financial or administrative professionals, there sometimes needs to be a liaison between the client and the professionals, or between the different professionals. 

A daily money manager/financial organizer can do that.

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