Conflict & Family Caregivers – What You Need to Know

Conflict is a normal, natural part of everyone’s life. Factors that can exacerbate conflict include the well-known things to avoid in polite conversation: religion, politics and money. For families, these big three topics quickly trigger emotions that can be difficult to defuse and when things go awry the aftermath can be felt for decades. According to a May 2018 AARP article “Millennials: The Emerging Generation of Family Caregivers,” there are 40 million family caregivers in

Are You Owed Any Unclaimed Property?

The Pennsylvania Treasury Department is currently holding more than $2.3 billion in unclaimed property, with about one in 10 residents eligible to recoup that property. Unclaimed property is any financial asset that has been left inactive by the owner for a period of seven years or more. If no lawful owner claims the property at that time, it is transferred to the Treasury. The most common kinds of unclaimed property include savings and checking accounts,

Senior Financial Fraud 101

If you are a senior, you are a target. Scammers and telemarketers want your money. And sometimes family members and caregivers want more than their fair share as well. The average financial cost for a victim of an elder abuse scam was $28,800, with the telephone being the most common way scammers contact you. According to Merriam-Webster, a scammer is “a dishonest person who uses clever means to cheat others out of something of value.”

Financial Elder Abuse: Can You Do the Math?

I received a letter with an AARP logo informing that I may have sewer line issues and that I should contact a particular company to investigate or I might be personally liable for damage to my sewer line and to the homes of my neighbors. The reality is that I have a well and septic and no sewer system. Letter tossed. You might be amazed to know that many older adults fall for these scam

Being an Educated Consumer

An ethical marketplace takes two—trustworthy businesses and educated consumers. When preparing for a purchase, whether $100 or $100,000, as an educated consumer you do your research.  Trust but verify—take recommendations from credible sources AND look into ratings, complaints, and customer reviews to learn about other’s experiences. Check with local governing and regulatory agencies or watchdogs to ensure the recommended businesses are appropriately licensed and insured. After researching, you can contact the business.  Just because it’s

Protect Seniors from Financial Abuse

It’s unfortunate but true: The elderly population is targeted for financial abuse. If you have elderly patients, how can you help protect them from being victimized? For one thing, urge them to never give personal information over the phone or in response to emails. Also, talk with your parents to see if they are willing to let you go over their insurance, banking and investment statements. This review can enable you to look for irregularities