Elderly Parents near San Marcos Need Protection from Cons

If your elderly parents near San Marcos are suffering from dementia or Alzheimer’s disease, you already know that they need vigilant protection from scammers who would like to try to steal money from them. You probably don’t give them the ability to write checks or transfer money without your close supervision. But what about seniors who don’t suffer from cognitive decay yet? There are several reasons why even sharp seniors are vulnerable to financial abuse.

Technology Problems

Seniors who haven’t kept up with the fast advance of technology have a hard time understanding just what it is capable of. Many scams depend on the victim giving out sensitive information, and they convince seniors to do that by posing as legitimate businesses or even government agencies. Typing in a single confidential number, or even responding to an email at all, could be enough to open the door to theft.

Financial Pressure

The greater the financial pressure is on a person, the more tempting offers of free money become. Sadly, many elderly parents in San Diego County are fully aware that their health needs place great pressure on their family members. When a promise of a large payout comes in the mail, it makes them feel that they could do something meaningful to relieve that pressure. Remind your parents that, deep down, they know that something that’s too good to be true almost always is!

Protecting the Finances of Elderly Parents in San Diego County

If a senior is sharp enough to continue handling their own finances, they are also sharp enough to understand that their family loves them and wants to keep them safe in a world that is full of smart, dangerous thieves. Establish joint financial authority before there is an emergency that makes it too late. Also, make sure your loved one is comfortable talking to you about any unusual mail or phone calls they receive.

Originally posted 2013-08-13 10:30:26.