Sensible Safeguards for Older Adults
Life is full of challenges, but taking sensible safeguards for older adults can help keep them safe from scams, avoid family conflicts, and maintain control over their finances and care decisions. Elder Advisors Law is committed to helping seniors and their families make confident, well-informed choices.
Protect Against Scams: The first sensible safeguards for older adults are against scammers who rely on urgency and fear—pause, verify through a trusted source, and consult a professional before taking action.
- Never send money, gift cards, or cryptocurrency to anyone who contacts you unexpectedly.
- Do not click on links in unsolicited emails or texts claiming to be from delivery services, banks, or charities.
- Independently verify charities before donating.
- Hang up on any caller who pressures you to act “urgently.”
Review Key Legal Documents Regularly. Routine document reviews ensure your protection keeps pace with changes in your health, finances, and family.
- Will or Trust
- Financial Power of Attorney
- Healthcare Power of Attorney
- Living Will / Advance Directive
- Beneficiary designations on life insurance and retirement accounts
Avoid Family Pressure With Legal Decisions. Tense situations often lead to costly mistakes, so legal decisions should always be made calmly and independently.
- Never sign documents during family gatherings or under emotional pressure.
- Always review legal papers privately with your own attorney.
- “Help” should never include control over your money or property without full legal explanation.
Safeguarding Financial Accounts and Government Benefits. Vigilantly protect your financial accounts, Social Security, and Medicare information to reduce the risk of fraud and financial exploitation.
- Monitor bank, credit card, and retirement accounts monthly.
- Set up transaction alerts when possible.
- Keep your Social Security number, Medicare number, and passwords private.
- Do not add anyone to accounts without fully understanding the consequences.
The Value of Trusted Legal Advice: With experience and genuine care, our Elder Advisors Law team helps you make confident decisions with peace of mind.
- Asset Protection, Elder Law, and Estate Planning services
- Free How to Protect Your Stuff in 3 Easy Steps workshops
- Free An Introduction to Settling an Estate Through Probate, Understanding Medicaid and Estate Planning Basics publications
- TLC (Thorough, Lifetime, and Complete) Program
- Elder Life Radio Show
- Monthly Newsletter
Confidence Starts with a Conversation
We welcome the opportunity to assist you with any questions you may have. Please feel free to reach out to us by phone or join one of our free workshops for valuable insights and personalized guidance.
Free Workshops
Elder Advisors Law workshops in Janesville and Wales, Wisconsin, are free. Creating an inviting and relaxed environment for attendees, these sessions deliver practical and actionable advice on safeguarding your well-being, preserving your assets, protecting your estate, and ensuring a lasting legacy for your loved ones.
