Protecting Elder Americans from Financial Abuse

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    Free Advice and Guidance on How to Protect Yourself and Your Loved Ones Against Investment Swindles and Financial Abuse

    Thursday, November 10, 2011

    9:00 a.m. to 6:00 p.m. ET

    One out of every five citizens over the age of 65 have been victimized by a financial swindle. Of particular concern are seniors with mild cognitive impairment (MCI) who can perform most daily functions, but have trouble or become confused when it comes to managing their finances. In collaboration with several national organizations, Kiplinger is coordinating a toll-free nationwide call-in service for individuals seeking advice. From 9:00 a.m. to 6:00 p.m. Eastern time on Thursday, November 10, members of the Financial Planning Association, National Adult Protective Services Association and health care professionals will answer your questions. 

     General Finance Questions

     

    888-227-1776

    Call the above number to speak with an expert from the Financial Planning Association® (FPA®) about your family’s financial security. You can get

    answers to general financial questions, get help identifying financial professionals that put your interests first and learn how to protect yourself and

    your loved ones from financial fraud. FPA professionals can also help you start a conversation about money with your adult children or older parents to help prevent elder investment fraud and financial exploitation.

     Medical Questions

     

    888-303-0430

    Call the above number to speak with a health care professional about medical issues such as mild cognitive impairment (MCI) that can impact an older person’s ability to make wise and safe financial decisions and can increase their vulnerability to elder financial abuse and exploitation. The health care professionals can help you recognize the warning signs of vulnerability to financial abuse in yourself or your loved ones and suggest referral routes for further medical screening.

     Financial Abuse Questions

     

    888-303-3297

    Call the above number to speak with an adult protective services (APS) professional about elder financial abuse and strategies for keeping yourself or

    your older loved ones independent. You can get information on how to recognize the most common ways that older adults are financially exploited and methods for preventing elder financial abuse. APS professionals can also help you take the proper steps if you suspect that a loved one is currently being financially abused or exploited.

    This call-in service is for informational purposes only and is not a substitute for individualized medical, law, business, accounting or investment advice which takes into account the details of your situation or condition. Always seek the advice of your lawyer, physician, accountant or other qualified professional regarding your individual situation or condition. Reliance on information provided by the call-in service is solely at your own risk. In no event shall The Kiplinger Washington Editors, Inc., Investor Protection Trust, Investor Protection Institute, Financial Planning Association, National Adult Protective Services Association, Baylor College of Medicine or any participating adult protective services, medical or health care professional be liable for any decision made or action taken by you in reliance on or in connection with your use of the call-in service.

    To learn more about this event, please visit the Investor Protection Trust website a thttp://www.investorprotection.org/

     

    This notice was completed for the National Center on Elder Abuse and is supported in part by a grant from the Administration on Aging, U.S. Department of Health and Human Services (DHHS). Grantees carrying out projects under government sponsorship are encouraged to express freely their findings and conclusions. Therefore, points of view or opinions do not necessarily represent official Administration on Aging or DHHS policy.

     

     

     

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