Posts Categorized: Legal

Repairing identity theft

It’s a fact that scam artists prey on older adults. Scammers steal identifying information and use it to obtain cash, make purchases, or open new credit card accounts. If your relative’s identity has been stolen, take action quickly. But be methodical! Keep track of every report you make. Log every call. Send any documents by…

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Common elder scams

Financial abuse of the elderly is thriving. Advise your loved ones to be on the alert for these common scams: Government impostors Individuals call saying they represent Social Security, Medicare, the VA, or the IRS. They describe a problem with an account. Or taxes owed. Then they ask for name, date of birth, and Social…

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Memory loss and advance care planning

If the person you care for has received a dementia diagnosis, talk with them NOW about their wishes for medical care at the end of life. It’s a critical time to update their advance care directive. For both your sakes, the sooner you start this conversation, the better. Are you hesitant to bring up the…

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When family is paid for care

In many families, care of an elder relative falls predominately to one person. This typically begins with assisting occasionally for a few hours, and it can be a very loving connection. But as the needs increase, so do the hours. While the care may be given willingly, it does eat into the care provider’s personal…

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Is a reverse mortgage appropriate?

If your loved one is worried about having enough money, he or she may be considering a reverse mortgage. A reverse mortgage enables a homeowner to turn some of the equity in a home into cash. You might think of it as an advance payment on the accrued value of the home. An approved lender…

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When the attorney shuts you out

Many family caregivers are surprised to be told to stay in the waiting room when they bring a loved one to an attorney to create a will or trust. This can feel doubly surprising if you are the one paying for the visit! Much as you wish to help your relative, the attorney is actually…

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Managing your relative’s money

Confusion about finances is common among older adults. Balancing the checkbook and paying bills can just get to be too much. Assisting¬†with money matters is something a long-distance son or daughter can do to help. Geography poses many challenges for those who live far away. But managing finances is a fairly simple task, near or…

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When should you make an advance directive?

This document names a person to make decisions for you in case you are not able to do so yourself. It also gives instructions for care preferences at the end of life. That’s not morbid. It’s simply good medical communication. Recall the heartbreaking cases of young people in tragic accidents who lacked advance directives (Karen…

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