Don't Fall Victim to the Grandparent Scam: Safe Banking for Seniors
Published: July 26, 2024
In 2016, the Federal Trade Commission received more than 400,000 complaints from consumers reporting that they?d been exposed to impersonation scams. The ?grandparent scam? is one type that deliberately targets older Americans.
14 Red Flags for Elder Financial Abuse: Safe Banking for Seniors
Published: July 18, 2022
The key to spotting financial abuse is a change in a person?s established financial patterns. Watch out for these red flags.
7 Tips to Help Older Adults Choose the Right Caregiver: Safe Banking for Seniors
Published: July 18, 2022
According to the National Center on Elder Abuse, almost 90 percent of the financial abuse committed against older Americans are at the hands of someone they know and trust. Here are seven tips to help older Americans choose the right financial caregiver and prevent elder financial abuse.
5 Ways to Spot a Lottery Scam: Safe Banking for Seniors
Published: July 18, 2022
Lottery scams were the fourth most commonly reported scam in 2019, according to the FTC?s Consumer Sentinel Network. Find ways to protect yourself from becoming a victim to this scam.
Probate and Non-Probate Assets: Safe Banking for Seniors
Published: July 18, 2022
Your estate assets are divided into two categories: those that are subject to probate and those that are not. Understanding the difference between probate and non-probate assets can help you make decisions about assets that could be transferred either way.