Protect Your Elderly Parents from Scammers – Annapolis and Towson Estate Planning
Scam artists often target older adults, partly because they have amassed greater wealth.
Scam artists often target older adults, partly because they have amassed greater wealth.
While every American is equal in the eyes of the law, the rights of older adults often fall under the radar.
A consultation is an initial meeting with a lawyer. During this meeting, you can discuss your unique situation and your concerns.
A not uncommon estate planning scenario is an elderly parent who lives with an adult child, either at the parent(s)’s home or at the child’s home.
According to experts, despite increased phishing emails and robocalls, it is far more common for financial exploitation to be committed by people who know the victim, such as relatives, caregivers, neighbors, or ‘friends.’
Guardianships – also referred to as conservatorships – are drastic and invasive.
Elder law attorneys can help with a long list of legal matters that seniors often face…
Many people plan their estates diligently, with input from legal, tax and financial professionals. Others plan earnestly but make mistakes that can potentially affect both the transfer and destiny of family wealth.
Take, for example, the sad and sordid tax case of Mary Ellen Cranmer Nice vs. United States of America, which would not have existed if an attentive financial advisor hadn't noticed the large IRA distributions that were allegedly stolen right from under a matriarch’s nose.
Picture this scenario at the bank: A woman walks into her branch with her 25-year-old grandson and they're ready to transfer $4,000 or so out of Grandma's account into his. Is the grandson running a scam? If so, can the bank do anything to stop it?