Blog Archives

Four Ways Aging Parents (And You) Can Outsmart Scammers In 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

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 ?

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

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

A home care worker bilked a frail elder out of her life’s savings of $350,000.

Have you heard one of these true stories recently? A son ripped off his mother’s equity in her home to chase an investment scheme for himself that failed. Two ruthless swindlers were arrested in New York for tricking an elderly woman out

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

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

Beware of This Financial Advice About Aging Parents

Have you ever heard this? “Your dad paid taxes all his life. Let the government take care of him.  He should get rid of his assets so he’ll qualify”.
This may be considered “good” advice by some financial planners.  Here’s why

How Much Should You Help Your Aging Parents Financially?

While boomers save for retirement, some are also helping to support their own parents—and wrestling with some tough questions. Violet, age 92 and still living alone in her own home, is running out of money. She took out a mortgage

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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
FREE Report: 10 Warning Signs Your Aging Parent Needs Help With Money
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Archives
  • Nip A Predator’s Scheme In The Bud — Stop Your Aging Parent From Becoming Prey July 12, 2017
    Rhonda is a 91-year-old widow and lives independently. She has a few million in investments and has planned well for retirement. Her two sons are busy and leave her to make decisions about her money independently. What Rhonda’s sons didn’t…Read more ›
    Mikol Davis
  • Intrusion or Just Being Safe? Monitoring Aging Parents’ Finances June 13, 2017
    For most adult children with aging parents, there is often the dilemma of whether or not they should be involved with monitoring their aging parents spending habits. You want to honor their independence, but what if they show signs of…Read more ›
    Mikol Davis
  • Heed These Warnings About Aging Parents’ Medications June 9, 2017
    Is your aging parent one of the many battling Alzheimer’s disease or another form of dementia and taking medication? Dr. Elizabeth Landsverk, a Silicon Valley, California-based geriatrician, recently quoted in an article in The Mercury News, strongly advises against elders…Read more ›
    Mikol Davis
  • What Aging Parent Leaves A Legacy of No Regrets? April 19, 2017
    Does it seem impossible that a person can reach his last days and look back without any regrets at all? What does it take? We all seem to regret our mistakes and some of our choices in life. At AgingParents.com, we…Read more ›
    Mikol Davis
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