Considering that elder financial abuse is growing, general prevention of this kind of financial fraud is essential. One of the best ways to protect a loved one from experiencing this type of abuse is to take strong preventative measures.

Plan ahead, especially if you are at a stage where an elderly relative is still in full control of her faculties. Talk about the future and manage finances once the older adult feels more comfortable doing so. Also, consider hiring protective services from the companies mentioned in this article.

If you have an elderly relative who wants to ensure he receives high-quality senior care, there are companies that can help you. These firms have numerous options that ensure loved ones are protected from senior financial fraud.

If you have any questions about the senior care services (see here) they can provide for you and your loved one, be sure to contact the following firms, which can help you be sure that your loved one is treated with the dignity, respect, care, and security.

The Martin Group is a fantastic option when it comes to protect older adults from all sort of financial abuse and scams. At the firm, its financial philosophy starts with a carefully crafted and highly personalized total wealth plan, which is completely based on unique comprehensive financial needs.

At the Martin Group they work to be knowledgeable about every single older adult and his family situation. As his guide, they carefully build and nurture the growth of his wealth through asset protection and a diversified portfolio construction.

To achieve this objective, they identify value-financial scam risk and added investment opportunities which include active communities; well-established companies with strong leadership; a history of meaningful technological innovation and a successful and profitable track record.

It is worth noting that they don’t try to time the market. In working with seniors, their long-term goal is to profitably and prudently grow and protect their wealth – making sure they participate in gains while reducing downside risk.

Advise Financial is another great alternative when it comes to protecting our older adult relatives from financial abuse and scams. They provide several services aimed at helping seniors and their families take control their financial situations.
With their services, clients can feel more financially secure, both from protecting their assets as well as investing with better criteria. All these will allow people to be able to enjoy greater financial freedom.

At the firm they are able to offer you suggestions to transform your finances. In other words, they design your financial dreams, and protect your current assets. At the firm, they help you visualize your financial goals in the short, medium and long term, in a quantifiable way.

In case your older relative has an investment portfolio, the firm can help you review his investments to confirm that they are properly diversified, that you do not pay high investment fees, and, most importantly, to safeguard them.
Essentially, the firm accompanies you in achieving your goals. For that, they offer the financial coaching services that you need for a better tomorrow.

With the firm, a certified financial planner will help you review and endorse your financial plan. With that, you will get human and close treatment, with the highest confidentiality. This professional will review and support your financial plan, protecting your assets, with the best price-value ratio.

Last but not least, the firm Chase can help you pay attention in order to be protected. In order to protect your money, you should be aware of transactions or charges that you don't recognize, which are signs that there is a problem.

Also, the firm can help older adults be alert about unusual banking activity, such as unsolicited changes to their passwords, addresses or banking preferences, which may indicate suspicious activity.

Unsolicited new accounts may be an important sign. New accounts should never be a surprise. They might indicate some kind of fraud and should be immediately reported. Also, when it comes to access requests, if a stranger asks you to take control of your computer, they may be trying to get your personal information.

All these recommendations are important in order to avoid financial abuse, and should be considered in order to protect seniors.