For some families, the golden years are turning nightmarish, thanks to state laws that some nursing homes are using to try to gain guardianship – and financial control – of their older patients. For more details, go to my blog: Nursing Homes Use Gardianship as Tool to Profit.
My Grandmother’s Favorite Scammer
In an article from Sunday’s New York Times Opinion Section (12/8/19), the reporter discusses how his very patriotic 88 year old grandmother was defrauded and lost her life savings. She believed that she was helping the government stop a multi-million dollar international money laundering scheme.
We all have to be vigilant in protecting our family and clients’ assets from all sorts of scams.
https://www.nytimes.com/2019/12/07/opinion/sunday/china-bank-scam-grandmother.html
Thank you to all who attended last Wednesday’s Orion NYC Elder Care meeting on Financial Abuse.
Perry A. Shulman, CPA
Chairman, Orion Eliminate Elder Abuse and Neglect Commitment Committee
Ten Signs Your Client Has Dementia
Interesting article from WealthManagement.com relating to dementia. Read more here >>
Perry A. Shulman, CPA, Chair, Orion Elder Abuse Committee
Don’t Pay a Medical Bill Until You Do These 5 Things
I was recently tapped by Real Simple for this article. Did you know up to 80 percent of medical bills may contain errors? Here are steps to check charges, lower costs, and avoid unhappy surprises. My first recommendation is VERIFY! Read the full story...
Scamming Grandma: Financial Abuse of Seniors Hits Record
Important Wall Street Journal article dated January 25, 2019 with regard to Financial Abuse of Seniors. Read more…
Perry A. Shulman, CPA
Chair – Orion Senior Abuse Committee