Help Seniors Avoid Financial Abuse

Submitted by Kathy Green, A Little Help Inc.

Seniors are one of the primary targets for financial abuse, and many times, the abuse takes place by someone close to the individual – even close family members. Many steps can be taken to prevent financial abuse, and there are many signs that can make us more aware to catch a possible case of financial abuse – following are a few:

  • Unusual bank activity, especially large sums being taken out at ATM’s
  • Suspicious signatures on checks or important documents
  • Missing belongings or property
  • Bank statements that have been transferred to a different address
  • Bills going unpaid, discontinued utilities, or eviction notices
  • Legal documents signed, but not understood, by the senior

Let’s do our part to protect our vulnerable parents, friends, and aging community by always checking into suspicious activity and any signs of financial abuse.

Tips On Clearing Out the Clutter

Kathleen McGonagle, owner of Rose’s Daughters, Inc. offers the following suggestions and resources for clearing a house.

ESTATE SALE

If you are willing to have an estate sale, contact estate sales companies to visit the house AFTER you are clear about what you will sell.  All estate sale conductors will take a percentage commission of the sales and will also want a guaranteed minimum amount of sales.

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How To Leave The Home You’ve Lived in for 40 years

Submitted by Kathleen McGonagle, Rose’s Daughters

If at all possible, plan on moving first and THEN clearing and selling the house. By moving and then selling you will avoid contending with open houses and potential buyers wanting to see the house, and you won’t have to clean and clear out closets and the garage in preparation for selling. Realtors specializing in helping seniors sell their homes can advise you on the wisdom of doing this.

Most seniors downsize when they move. Downsizing can be difficult. It helps to focus on the things in your home that you love. Keep saying, “I’ll take what I love.” Take what has meaning for you, even if you haven’t used it in a while. Take what you love.

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