A Commitment to Protecting Our Seniors.
Saturday, June 15, marks an important day on our calendar – Elder Abuse Awareness Day. It is a day for communities globally to unite in bringing attention to the challenges and difficulties faced by elders and our collective responsibility to protect and support them.
As a Senior Real Estate Specialist, Geni Manning brings advocacy to help solve senior issues and is dedicated to working to make life better for our Senior population and to shedding light on the too often unseen and unspoken issue of elder abuse, which includes physical, emotional, and financial mistreatment of older adults. Financial abuse of seniors is a particularly concerning aspect of elder abuse, involving the unauthorized or improper use of an older person's funds, property, or resources.
HERE’S WHAT YOU CAN DO TO HELP PROTECT THE SENIORS IN
YOUR LIFE:
Stay informed: Be aware of the common signs of financial exploitation, such as sudden changes in accounts, estate planning documents, or unexplained withdrawals or spending.
Communicate: Maintain open lines of communication with elderly family members about their financial matters.
Report suspicions: If you suspect that an elderly person is being financially exploited, it's crucial to report it. You can contact local adult protective services, law enforcement, and financial institutions where they hold accounts.
Talk about money: Talk to your aging parents about money and creating a financial plan to manage their affairs. Learn more at Aging Parents? 5 Money Topics to Discuss.
HERE’S HOW SENIORS CAN PROTECT THEMSELVES:
Stay connected: Keep in touch with loved ones and remain active in your community to reduce isolation and vulnerability.
Regularly review your finances: If you have questions, seek assistance from a trusted family member, a financial advisor, or an attorney.
Know your rights: Learn about your rights and the resources available to you. This includes understanding how to use legal tools like powers of attorney and wills.
Add a trusted contact: Designate a trusted contact to provide another layer of protection to help keep your accounts safe. You can find out more about trusted contacts by reading this article.
Seek professional advice: Consult with professionals when making significant decisions, especially those involving real estate, legal, financial, or health matters.
Protect your personal information: Don't give out your Social Security, credit card, or bank account numbers over phone or email.
WE'RE HERE TO HELP.
If you have any concerns regarding the safety and welfare, or would like additional resources for an elderly family member or friend, call Geni Manning at 469-556-1185.
Together, we can make a difference in the lives of our senior family and community members.
Disclaimer: The information provided in this, and all our blogs and websites, are not intended for legal, financial or mental health advice but is for general informational purposes only. While we endeavor to provide the latest information on a particular subject, future changes to the source of information are beyond our control.
Geni Manning
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