Tips: How to avoid exploitation
February 9, 2008 at 11:17PM
Advice from Carmen Castaneda, program manager for Hennepin County Adult Protection Services, on preventing financial exploitation of vulnerable seniors:
• Stay in contact with older family members and know what's going on.
• Adult children need to know where their parents' money is, and if needed, help manage it.
• Watch for outside people who cozy up to loved ones.
• Power of attorney is easily gotten and easily abused. If someone is to have this authority, choose carefully.
• Seniors should have automatic deposit of Social Security checks.
• Consider automatic bill-paying.
• If seniors need assistance paying bills, be careful in picking who does that.