How to Help Your Parents Avoid Fraudulent Investments
Ensure your parents are properly educated when it comes to fraudulent investments.
As your parents age, there are many things to think about and consider. Their health, their living situation, and their financial situation are generally at the top of the list. You realize too that your relationship with your parents has evolved over time and you may feel that you are suddenly functioning more as the caregiver than the child. This is a tough transition for families, but a necessary one. As you think about how best to take care of your parents as they age, you must think about how best to protect them from falling victim to scams, elder financial fraud, and mistakenly trusting their money with someone who could take it or, even worse, steal their identity.