Blog Archives

Is Your Aging Parent Safe From Family Predators?

          This really happened. If you had this 91 year old client, what would you do?  Emma liked to play the sweepstakes.  But her memory was starting to decline. A lot.  When it came to her bank account, she forgot

Are You Worried That You May Have To Be Financially Responsible For Your Aging Parents?

*FOR IMMEDIATE RELEASE Are You Worried That You May Have To Be Financially Responsible For Your Aging Parents? If you don’t know what to expect as your parents grow older and you’ve never thought about what can go wrong, you

Learn why we all need to protect our aging loved ones from “Financial Elder Abuse”

Carolyn Rosenblatt – The Boomer’s Guide to Aging Parents – interview – Goldstein on Gelt – Jan. 2015

Three Ways Families With Aging Parents Can Stay Out of Court

Do you get along with everyone in your family?  Lots of people don’t. Old conflicts can rise up when aging parents start to decline in health and need help.  When there is conflict in families, it can sometimes escalate to

Who Is Competing For Your Aging Client’s Attention and Dollars?

Competition for clients has always been there, but as investors age, something you might not have anticipated can happen. The vultures are out there.  Competition with you for their invested assets can become an increased threat when an older client’s judgment is compromised.

Do you know about these 5 scams targeting seniors ?

Would You Immediately Recognize These Elder Abuse Hidden Scams?

Most days at I get a call from an adult child of an elder, asking me about shady dealings over a parent’s finances. Sometimes it’s the niece, grandson, or other family member the caller is worried about. Sometimes it’s the

The Worst Excuse For Not Protecting A Vulnerable Parent

 This one shocked me.   Here at AgingParents.com we’ve been hearing elder abuse tales for a long time, but I was stunned when I heard this. A family of 3 siblings has been worried  about their widowed father, who lives alone

3 Brothers Battle Over Mom’s Care and How to Pay for It: Is There A Solution?

This is a real situation, all too common. Three brothers are engaged in pitched battle over their mother’s care and how to pay for it.  Mom is severely demented and can’t care for herself independently. She had long term care

Tax Scams and Your Aging Parents: Phone Scams Escalate During Tax Time

A new and fast moving telephone scam is targeting taxpayers across the country.  The Fraud Watch Network sent out a press release detailing how thousands of victims have already lost more than $1million.  Please caution your aging parents and others as

Hidden Truths About Reverse Mortgages

Who would ever think of a reverse mortgage being a form of financial elder abuse? There are some hidden dangers in these products and you need to know about them.  Unsuitable mortgages are abusive.  They are not right for some

How Financial Advisers Can Abuse Their Elderly Clients: Family Finances

Elder Financial Abuse Right Under Our Noses? Alice, my mother in law, is blessed with a great memory and pretty good health for a woman of 91. She works at it. She’s been a widow for 5 years now. When

Smart Ways To Talk To Aging Parents About Finances

A recent survey by the National Endowment for Financial Education found that seven in 10 adults say they have difficulty talking to their families about who will make financial decisions on behalf of an aging family member who becomes unable

Elder Financial Abuse Under Our Noses?

This is unbelievable.  Here we are, always trying to alert people to financial abuse and we think Mikol’s own mom, Alice, has been taken advantage of by her financial advisor!   Alice is 91, is blessed with a great memory

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"Thank you for the article on the "grey area". It validated what I am currently going through with my Mother. It is so painful for me to go back and forth with her behavior. I just don't know what to do about the estranged sister who has exploited well over $50K of my mother's savings and my Mothers admitted " lack of "will power" to say no to her." Robert ________________________________ "I do want to thank you for the Webinar you offered. It helped me a great deal as I was facing the need to lead our family in finding a safe living situation for our mother. That information and the other information you offered as downloads gave me much needed guidance when I was feeling tremendous anxiety and uncertainty." Betty
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Archives
  • The Millennial Caregiver March 9, 2017
    Last week I was fortunate to have the opportunity to spend 4 days with my 94-year-old grandmother, Alice, in Southern California. She has recently moved into independent living in a senior community in Los Angeles, after living in Palm Springs for…Read more ›
    Mikol Davis
  • Four Ways Aging Parents (And You) Can Outsmart Scammers In 2017 February 27, 2017
    Every major news outlet runs stories from time to time about the latest scams. The news stories somehow don’t seem to penetrate the problem very well. A study by TrueLink tells us that over $36 billion is stolen from elders…Read more ›
    Mikol Davis
  • Really? Korean Women Live Longer Than U.S. Women? February 27, 2017
    Many of us probably think most Americans are living longer these days. We think our country is doing great as far as longevity goes. Unfortunately, recent research shows, not so much. A study published in the prestigious journal Lancet describes some truths…Read more ›
    Mikol Davis
  • The Looming Crisis: Aging Parents And Adult Children Still Living At Home February 17, 2017
    You may know of an older individual or couple who has a middle-aged adult child living with them in their home. We are not talking here about those who sensibly chose a multi-generation household for good reasons. And this is…Read more ›
    Mikol Davis
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