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Protecting a parent from scams and financial exploitation

Steps to guard savings during a stressful transition.

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  • Set up account alerts and consider a trusted contact on bank accounts
  • Use a durable power of attorney prepared by an attorney
  • Never give Medicare, Social Security or bank numbers to callers
  • Be wary of anyone offering to buy the house fast for cash or to "handle" benefits for a fee
  • Shred old statements; freeze credit if no new credit is needed
  • Report suspected exploitation: Florida Abuse Hotline 1-800-962-2873

General information only, not medical, legal or financial advice. Programs and amounts change; confirm with the official source or a qualified professional.

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