Eldercare 911 - Protecting Parents Assets

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Protecting Parents Assets

1.Tell parents to never give out his social security, charge or debit card, bank account, checking account or drivers license numbers unless he initiated the call.

2.Ask parents to not throw away mail, prescription information or bottles, charge receipts, or documents with their name on this. Collect them and shred them.

3. Destroy credit or debit cards that parent no longer uses.

4. If parent still does their own banking, remind them not to sign or endorse checks until they are inside the bank and ready to make the deposit.

5. Get their promise to not sign any document unless you or an attorney are present to review the documents prior to signing.

6. Remind them that the Federal government does not endorse products or services of individual vendors.

Category:

Education

Tags:

• Elder
• Care
• 911
• Protecting
• Parents
• Assets
• caregiver
• senior
• alzheimers

[kimberleecapodiferro]

When I shared these tips my Dad, they may sense to him, too! I think it's because they make so much sense! He's a practical guy and these tips are very practical.

[kimberleecapodiferro]

Unfortunately my handbag was stolen a few months back and I have been dealing with several attempts for the theives to get into my accounts and identity. Fortunately, My mom has seen everything I am dealing with and has begun to pay more attention to her own identifications, accounts, and credit cards. Thanks for the tips!