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When your elderly family members need help: Is someone hurting Grandma?

If you grew up near your grandparents, you probably have very fond memories of spending time with them. But as they aged, they may have started experiencing health problems or cognitive issues. For example, Grandma may have some form of dementia that makes it impossible for her to take care of herself.

Grandpa may have had several strokes leaving him unable to communicate and struggling to manage finances. Often family member try to help in these situations, but just as frequently, they hire caretakers or financial advisors whom they then rely on to care for the elderly family members.

Grandma won the lottery! (Or was just scammed)

In this technological age, we often forget about snail mail, but scammers haven’t. Increasingly scammers are using traditional mail to target the elderly. This may be because many older people are not on social media and do not use email.

Many older adults also still write checks. Scammers are on to this and have tailored their fraud campaigns to checks.

Who Scams The Elderly?

Our population is aging. As our families grow older it our lives get busier. Often we are working full time with kids in school and trying to care for our aging parents. This job gets tougher if we live across town or across the state.

Who scams the elderly?

Tips to help elderly parents avoid phone scams

Phone scams are becoming more and more common. Sadly, elderly people are often be a target because they may not know any better or realize that the phone call is not from a legitimate source. You may be able to protect your loved ones financially by teaching them about the warning signs of a scam. Here are 3 quick lessons to share with them:

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