Posts Tagged ‘financial stability’
Friday, October 29th, 2010
A new breed of thief is stealing the identities of businesses and ripping off unsuspecting customers of all ages. This new thief is posing as a reputable business and it’s a business a consumer should trust—a locksmith.
KTVU has recently reported on this.
These unscrupulous locksmiths are baiting customers with a low price to get their business such as with an emergency call for a lockout; upon arriving to the customer’s location and performing the work, the bill gets super inflated.
For example, an elderly man was conned out of about five thousand dollars for simply opening his front door.
These unscrupulous business are using 411, websites and Google to steal the identities of legitimate businesses. These companies come in, take the listing and change it to basically create hundreds of Google map listings that go to their own phone numbers. These types of businesses have call centers located in areas like Florida or New York.
When called, these so-called locksmiths show up late, take your money, and may even make and keep duplicates of your keys—a VERY scary thought.
KTVU investigated by locating on Google Maps to find a locksmith for a locked SUV. Around 15 minutes later, a man arrived in a small, unmarked passenger car. He did NOT have a locksmith permit nor did he have even a tool box. He didn’t even have a business card. When KTVU looked at his license, it stated the gentleman was from the Bronx in New York. When he was asked if he had a California license, he stated no. This man said he worked for “Top Locksmith” at 1444 High Street in Oakland. This address takes you to a strip mall with a donut shop and hair salon but there is NO 144 High Street and after being confronted, the man, who said he was from Bulgaria, quickly drove off in his car, which had a South Carolina license plate.
These types of business prey on those most vulnerable such as the elderly. If you DO need a locksmith, make sure you:
- Call one that is a California resident
- Call one that has a California locksmith license (they are REQUIRED to carry it)
- Make sure you know how much you are being charged UP FRONT; there should not be any added charges after the service is completed
Remember, just because you find the information on the internet does not mean that it’s a REAL company.
To read the entire article, please visit here.
Monday, October 18th, 2010
There are many senior citizens who want to work again despite the limitations that society imposes on them. While there are physical limitations to the kind of work that they are able to do, elderly individuals must be permitted to take on jobs that will help them to continue to lead a happy, productive life. With the current state of the economy, jobs for anyone are hard to come by or find, but that is not saying that it’s an impossible task to accomplish. Work for the elderly is more difficult due to limitations and age, however, jobs for the elderly can be found if you know where to look.
For the most part, elderly work should be free from strenuous activities. This includes jobs that require a lot of movement, lifting heavy objects, or stay up until the wee hours of the morning. Physical exhaustion and too much effort would not be conducive to a job for an elderly individual.
What sort of work would then be appropriate for an elderly individual given these conditions? This job should not only be physically mild but also it needs to be meaningful. A job for an elderly individual does not need to be monotonous or absent of emotion to be a good fit for them.
The elderly could work from home and earn money and feel fulfilled without leaving home. There are many job opportunities out there for those who want to work without leaving home. These types of jobs can be based on previous employment such as tutoring, teaching piano, or a craft.
Many elderly want to reach out to others and often either volunteer for charities or non-government organizations. There are many opportunities for elderly social work that is open for employees as well as volunteers. This can be a rewarding experience.
Leading a happy and fulfilled life does not stop at retirement. There are plenty of work opportunities for the elderly that will allow them to earn a bit of money and feel productive as well as feel good about themselves by helping their community. Being happy, productive and fulfilled can lead to a healthier mental well-being.
Friday, October 8th, 2010
The incidence of elder abuse can be reduced, but it will take more time and effort that we are making right now. Preventing elder abuse means doing three things:
If you are a caregiver and overwhelmed by the demands of caring for the elderly there are a few things you can do as well to prevent an abuse of elder incidence:
- Request help when you need it so you can take a break
- Find an adult day care program
- Stay healthy
- Seek out therapy for depression
- Find an elder caregiver support group
- Seek help for drug and alcohol abuse
Remember, elder abuse hotlines offer help for caregivers as well. Call a help line if you think that there is a possibility that you could cross that line and commit elder abuse.
As a concerned family member or friend, you can also help by:
- Watching for warning signs and if you suspect abuse report it
- Keep watch on the elder’s medications; does the amount in the container match up with the date of the prescription?
- Watch for possible financial abuse; ask if you could scan the bank accounts and credit card statements for possible unauthorized transactions
- Call and visit as often as you can
- Offer to stay with the elder so that the caregiver can take a break
If you are an elder, there are ways you can protect yourself against elder abuse. Here are some ideas:
- Make sure your financial and legal affairs are in order. If they aren’t, seek professional help to get them in order, with a trusted friend or relative if necessary.
- Keep in touch with family and friends and avoid isolation.
If you are unhappy with the care you’re receiving, whether it’s in your own home or in a care facility, speak up. Tell someone you know and trust and ask that person to report the abuse, neglect or substandard care to your state’s APS (Adult Protective Services) office, or make the call yourself.
National Domestic Violence Hotline: 1-800 799-7233
Saturday, October 2nd, 2010
Having to face the fact of your parent getting older is hard; however, financial and health concerns need to be put in order so that, in the event of something unexpected, that you are prepared, legally.
- Hire a lawyer who specializes in elder law estate planning, Medicare, Medicaid, Social Security and guardianship matters. Have the attorney meet with you and your elderly parent (or the elderly or disabled person you will be taking care of) so that the purpose of power of attorney can be explained and also to inform him or her of their options.
- Gather the important papers—property records, bank/investment statements, medical records, tax records, marriage/divorce records, birth certificate, social security card, driver’s license, insurance policies, and any other legal paperwork that is still active; be prepared to review all of this information with the attorney.
- Make decisions as to what must be prepared besides the power of attorney. If there is not a will in place, one should be written while your charge is still able to understand and make decisions.
- Have the attorney prepare a durable power of attorney. This consists of financial power of attorney as well as a health care power of attorney. This will require your elderly parent’s signature. It must be signed in the presence of two or more witnesses (depending on the state of residence) and a notary public. As the designated representative, you will not have to sign the form.
- File the executed power of attorney and all accompanying paperwork, with the court clerk’s office, if required. Be aware that some states make it mandatory to do so. Keep a copy of all paperwork filed for your records. You may be required to present this paper whenever you conduct business on your elderly/disabled parent’s behalf.
Wednesday, September 22nd, 2010
There are many types of frauds and scams; however, it seems that only a choice few are used against the elderly and most times, these frauds or scams occur within just a few interactions.
One such type of scam/fraud is the offender uses a confidence game. This kind of fraud does not use a product or service; instead a broad range of fraudulent scenarios are committed in order to obtain cash from the elderly. The offender could mask himself or herself as being in a position of authority (such as a bank examiner) or other type of trustworthy person. The offender then concocts a story to get the victim to hand over cash, and then the offender vanishes.
Telemarketing is another way to scam the elderly. Usually victims are called at home; high pressure tactics are used to solicit money for fraudulent charities, insurance policies, travel packages, or sweepstakes. These types of operations are designed to limit the benefit to the customer while maximizing the profit for the telemarketer. It is also designed to reach a large amount of potential customers quickly and efficiently.
Using mail operations is another way of committing fraud against the elderly. This program is designed to reach a wide audience while relying on potential victims to return a postcard or call an indicated number. The mailings look official and usually are very personalized with the victims name repeated numerous times, include authentic-looking claim numbers, and have contradictory content and make what seems like a small monetary request.
Face-to-Face contact is another example of fraud against the elderly. It involves a product or service (home repair for example) and it requires the victim and offender to actually meet either at the victim’s home or a business. For example, a contractor is hired to do a job and requires and up-front payment for services to be performed and materials for the job (such as drywall, nails, etc). The victim gives the offender a check for the amount asked for (and usually it is a much higher amount that would be normal and customary) and the offender is never heard from again. Another example of this would be the scammer gaining entry to the victim’s house by posing as a utility worker and then distract the victim while an accomplice burglarizes the home.
When doing business, it is important to do research and background checks on who you let into your home. Basically, if it sounds too good to be true, it usually is. As an elderly citizen, it a good rule of thumb to have a trust friend or family member look over offers or be at your home with you while a contractor or utility worker is there.
Tuesday, September 14th, 2010
If you suspect that an elderly family member is being abused financially, there are five questions you are able to ask (posted by the popular consumer website Consumerist) that may be able to give you a better feel for their situation.
Thursday, July 29th, 2010
In the push to find solutions for those who are facing tougher times in the economy is a growing bid to help senior citizens find employment. There are a growing number of agencies and groups set up to help seniors do just that. (more…)