Friday, March 4, 2011

Avoiding Financial Scams with Your Aging Parents

One of the scariest things you might not even consider as a risk in caring for an aging loved one or friend is the ramifications of financial scams. The elderly are so very vulnerable. And so many of them still believe in get rich schemes.

Too often we easily dismiss this because our aging parents or loved ones are intelligent, strong individuals who won't fall for some hair brained scheme. But look at all the people who have been hurt by the likes of Bernie Madoff! That set off a world of trouble for almost everyone.

So here are 10 Scary Financial Scams That Target the Elderly. I hope this article gives you good food for thought and opens a healthy discussion with your aging parents and loved ones so that you can avoid financial scams with your aging parents and loved ones.