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January 2024 |
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Protecting Seniors
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In an era dominated by technology, scams targeting seniors have become increasingly sophisticated, both over the phone and online. It is crucial to equip our elderly loved ones with the knowledge and tools to safeguard themselves from potential threats. Here are some best practices to help prevent scams and ensure the financial well-being of our seniors.
Stay Informed
Knowledge is power. Seniors should stay informed about common scams circulating in their communities and online. Familiarize them with the latest tactics fraudsters employ to exploit trust and manipulate emotions.
Be Skeptical
Encourage skepticism when dealing with unsolicited phone calls, emails, or messages. Remind seniors that legitimate organizations will not pressure them into immediate action, and they should take the time to verify the legitimacy of any unexpected communication.
Secure Personal Information
Emphasize the importance of safeguarding personal information. Remind seniors to avoid sharing sensitive details like Social Security numbers, bank account information, or credit card details unless they initiated the contact and are certain of the recipient’s authenticity. |
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Utilize Technology Safely
Guide seniors on safe internet practices. Teach them to recognize and avoid phishing emails, pop-up ads, and fraudulent websites. Ensure their devices have up-to-date security software to protect against malware and viruses.
Family Involvement
Family plays a crucial role in protecting seniors from scams. Regularly communicate with elderly family members about their financial activities. Encourage open discussions about any unusual calls or messages they may have received.
Establish Communication Channels
Create a secure and reliable communication channel, such as a family group chat or email thread, where family members can quickly share information about new scams or potential threats. This fosters a collaborative approach to protecting seniors against fraud.
Reporting Scams
Educate seniors on how to report scams to the appropriate authorities. The federal government has a service where individuals can report various types of scams (https://www.usa.gov/scams-and-fraud). Local law enforcement and state attorney general offices are also valuable resources. |
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In the journey of safeguarding our seniors, let’s combine awareness, education, and legal preparation. By staying vigilant, informed, and connected, we can fortify the defenses against scams, ensuring a secure and thriving future for our loved ones. |
Mind Matters: Distinguishing
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In this month’s newsletter, we will shed light on a topic that impacts numerous families – the distinction between dementia and Alzheimer’s. Developing a better understanding of these terms is essential, particularly when navigating legal matters associated with the well-being of loved ones. |
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Dementia: The Broad Term
Dementia is like an umbrella term that covers a range of cognitive issues affecting memory, reasoning, and daily activities. Think of it as a category that includes various conditions causing cognitive decline. Common symptoms include forgetfulness, difficulty concentrating, and challenges in communication.
Alzheimer’s: A Specific Type of Dementia
Under the dementia umbrella, we can zoom in on Alzheimer’s. It’s a specific type of dementia, representing the most prevalent cause (accounting for 60-70% of all dementia cases as of 2022). Alzheimer’s is characterized by the build-up of abnormal protein deposits in the brain, leading to the death of brain cells over time. This progressive condition significantly impacts memory, behavior, and the ability to carry out daily tasks.
Caring for Individuals with Forms of Dementia
Not only does dementia affect millions of people nationwide, it also affects the individuals who have to take care of them. As of 2020, there were approximately 82 million unpaid caregivers, helping friends and family with dementia. Most people still wish to stay in their home as long as possible, and in-home caregivers allow that to happen.
Legal Implications
Understanding these distinctions is vital for families dealing with legal matters related to the care of individuals affected by dementia or Alzheimer’s. Legal documents like powers of attorney and healthcare directives become crucial tools in ensuring the well-being of your loved ones as they navigate the challenges associated with these conditions. |
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If you have questions or concerns regarding legal aspects of dementia or Alzheimer’s care, don’t hesitate to reach out to our experienced team. We’re here to guide you through the legal processes and help you make informed decisions that prioritize the best interests of your family.
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Upcoming Seminars |
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ONLINE SEMINARS
Estate and Trust PlanningSaturday, February 17 • 10:00am - 11:00am This easy to understand, one hour seminar will help you to learn how to protect your family and wealth.
3 Reasons to Invest in a Senior Asset Protection TrustSaturday, February 17 • 11:30am - 12:00pm This easy to understand, one hour seminar will help you to learn how to protect your family and wealth.
IN-PERSON SEMINARS
5 Strategies to Protect Senior Savings from Medical CostsThursday, February 22 • 2:00pm - 3:00pm This easy to understand, one hour seminar will help you to learn how to protect your family and wealth. Should you have difficulty registering, please contact us at
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Yahne's Personal and Professional Corner |
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