An Open Letter to Adult Children of Older Americans By Judy Heft

An Open Letter to Adult Children of Older Americans

Your mom and dad are getting older. Maybe their memory is deteriorating, or they’ve lost some of their mobility and the time has come to get them some in-home care. Before this happens, though, you need to ask yourself: Do they understand the contract they are signing with the caregiving… Continue Reading..

American Hustle: Case Studies

Retirees are always prime candidates for financial scams. Scams come from phone calls, emails, faxes, and sometimes they show up on your doorstep. In this post I examine three different scams that happened to good people in real life. The Door-to-Door Salesperson An elderly client received a knock at the… Continue Reading..

This Identity Thief Will Pay Your Bills For You! (Part 2)

In my last blog l told the story of a couple I work with who had been the victims of credit card fraud. The investigation as to who perpetrated this crime is ongoing, but isn’t too early to learn some lessons about how to prevent it from happening to you.… Continue Reading..

Elder Abuse With A Smile

Protecting seniors against Elder Abuse is one of my most important duties as a Financial Concierge. Just this week I got to the bottom of another story of financial abuse, performed in a very subtle manner. However, there were warning signs all along the way, so I thought I would… Continue Reading..

Case Study: The Dishonest Landlord

“We firmly believe and are prepared to subpoena witnesses and documents to prove these facts. I do not relish the thought of attempting to evict a 92 year old woman, however, based upon practical evidence as presented above, a reasonable trier of fact will make determination in favor of the lessor.”… Continue Reading..

Elder Financial Abuse: Lightning strikes twice

Last week I found myself, once again, wading through page after page of insurance policies in an effort to understand where a peculiar debit came from in a client’s bank account. An older gentleman, this client already had a history of being scammed. In fact, he only became my client after having… Continue Reading..

Case Study: Elder Financial Abuse

Starting in March, Social Security will require that all beneficiaries receive their payments electronically. As I was explaining this major change to some apprehensive seniors, I was reminded of how intimidating financial matters can be for them, and how vulnerable some of them are to scams. Elder financial abuse has… Continue Reading..