The American Bar Association Commission on Law and Aging has published a new legislative fact sheet, Guardianship and the Right to Visitation, Communication, and Interaction, which offers assistance regarding the laws surrounding visitation and guardianship, and how to navigate this tricky…
Investment Risk, Explained
There is no such thing as a risk-free investment. Stocks, bonds, mutual funds and exchange-traded funds can lose value, even their entire value, if market conditions sour. And even conservative, insured investments, such as certificates of deposit (CDs) carry their…
Legal Basics: Protecting Older Adults Against Scams
The National Center on Law & Elder Rights has created a helpful and expansive legal resource to outline warnings against and solutions for common scams targeted at older adults. Key Lessons 1. Older adults are targeted for frauds and scams…
Using Your Credit Card to Invest? Think Again
The Securities and Exchange Commission (SEC) recently issued an investor alert listing some of the risks associated with using credit cards to buy investments or to fund an investment account. Here are five things to consider before using a credit…
How to Discuss Money With Parents
Talking about money can be a little bit dicey. But talking about money with an aging parent? That adds another layer of complexity. Follow tips to start the conversation, here. Source: PBS
Financial Resources for Senior Investors
Seniors are at a higher risk to be victims of investment fraud, but with help from FINRA, you can: 1. Conduct a broker check 2. Fight fraud 3. Protect your identity 4. Report concerns of fraudulent activity Learn how to…
Things to Keep in Mind When Buying a Car
From the Federal Trade Commission: Looking to buy a car? Four things to keep in mind Buying a car can be overwhelming. There are many things to consider, including your budget, your needs and preferences, and the inventory available at…
Scam Alert: Cons Pretending to be U.S. Marshals
The Federal Trade Commission has issued a warning to consumers that scammers are making telephone calls pretending to be U.S. Marshals. As a warning, and as a reminder, U.S. Marshals do not call people for jury duty. Do not send…
Alert: Tax Refund Scams
There a still a few tax refunds being sent out, and the IRS is warning taxpayers of a new twist on an old scam: Criminals are depositing fraudulent tax refunds into individuals’ actual bank accounts, then attempting to reclaim the…
Recent Scam About Con-artists Pretending to be from the US Marshal Service
From the Federal Trade Commission: U.S. Marshals won’t call you about jury duty United States Marshals protect the federal courts, track down dangerous fugitives, and transport thousands of prisoners. They don’t make calls and threaten to arrest people or fine…