www.edward Jones comHelp Protect OlderAdults fromFinancial AbuseFinancial exploitation costsolderever pressure them or anyone elseAmericans billions of dollars per year,to act now on an investment,according to several sources, including theApart from watching out for the aboveNational Council on Aging. Ifyou havesigns of trouble, what else can you do toolder parents, could they be vulnerable tohelp guard your parents from fraudsters?financial scams and rip-off artists? And, ifFor starters, urge your parents repeatedly,so, what can you do tohelp protect them?if necessary to never give outUnfortunately, it is possible for anyonepersonal information over the phone orto become a victim. Fora variety ofonline. Scammers have gotten quite cleverreasons, older adults may beeasier targetsat impersonating legitimate businesses orthan younger people. And that is why,organizations for example,unless youwhen interacting with your parents, youare looking closely at the email, you mightshould look forthese warning signs:think the logo ofabank or another companySuspicous new relationshipsis being accurately depicted. Again,If your parent mentions something aboutthough, reputable businesses typicallyanew friend, a romantic partner or somedon't send messages that are demanding,type of caregiver who seems to havethreatening or otherwise employing sometaken a great interest in your parent'stype of extreme languagefinancial situation, you may have reasonAlso, stress to your parents that theyto be suspicious, Do not be afraid to askshould never wire money to a randomsome questions.account. Plus, remind themabout theMultiple checks written to sametruth of no risk offers: Any financialperson or entity.you thinkyour parentsoffer that sounds too good to be trueisjustmaybe making questionable financialhat-untrue.Every legitimate investmentmoves, ask to see theircheckbook. If youcarries both risks and rewards.see severalchecks written to an unfamiliaHere's another suggestion: Oderperson or business, you might be viewingadults who have debt problems may bedence of a financial scam. Ifso, youespecially vulnerable tooffers that claimwill want to intercede before your parentsto clear up all their debts.But there's noget victimized again.quidk fix to this problem, and any callerChanging power of attorney orho daims otherwise islikelybeing deceitful.beneficiaries-If your parents suddenlyEncourage your parents to discuss theirdecide to name someone new as theirdebt situation with an honest, professional'agent (the person responsible forcarryingdebt counselor or a financial advisor.out a power of attorney), you mayFinally, if your parents don't alreadneed to investigate. And the sameis truewith trusted, qualifed financialif your parents change the beneficiaryprofessional, introduce them to one.designation on their investment accountsYour parents worked harall their lives.or insurance policiesDo what you can to help them enjoy theirUnusual urgency to make an investment"golden years in dignity.If you learn that your parentswant to make some type of investmentThis article was written by Edwardmmediately, you should be concerned.Aones for use by your local EdwardNo reputable financial professionalwould,0nes Financial Advisor.Tim Uras, AAMSFinancial Adviser229 South Main StreetAmherst, Ohio 44001Bus. 440-988-0139Fax 866-532-0585tim uras edwardjones comwww.edwardjones.comEdward jonesMAKING SENSE OF INVESTINGMember SIPC

Date: April 6, 2017

Expired Ad

This ad expired on
May 6, 2017 (105 days ago)
more_vert

Edward Jones - Tim Uras, AAMS

Finance / Financial Advisors

Call
Call 440-988-0139
Directions
Get directions to this
location on Google Maps.
Website
Open website
in new tab.

Text

www.edward Jones com Help Protect Older Adults from Financial Abuse Financial exploitation costsolder ever pressure them or anyone else Americans billions of dollars per year, to act now on an investment, according to several sources, including the Apart from watching out for the above National Council on Aging. Ifyou have signs of trouble, what else can you do to older parents, could they be vulnerable to help guard your parents from fraudsters? financial scams and rip-off artists? And, if For starters, urge your parents repeatedly, so, what can you do tohelp protect them? if necessary to never give out Unfortunately, it is possible for anyone personal information over the phone or to become a victim. Fora variety of online. Scammers have gotten quite clever reasons, older adults may beeasier targets at impersonating legitimate businesses or than younger people. And that is why, organizations for example,unless you when interacting with your parents, you are looking closely at the email, you might should look forthese warning signs: think the logo ofabank or another company Suspic ous new relationships is being accurately depicted. Again, If your parent mentions something about though, reputable businesses typically anew friend, a romantic partner or some don't send messages that are demanding, type of caregiver who seems to have threatening or otherwise employing some taken a great interest in your parent's type of extreme language financial situation, you may have reason Also, stress to your parents that they to be suspicious, Do not be afraid to ask should never wire money to a random some questions. account. Plus, remind themabout the Multiple checks written to same truth of no risk offers: Any financial person or entity. you think your parents offer that sounds too good to be trueisjust maybe making questionable financial hat-untrue. Every legitimate investment moves, ask to see theircheckbook. If you carries both risks and rewards. see severalchecks written to an unfamilia Here's another suggestion: Oder person or business, you might be viewing adults who have debt problems may be dence of a financial scam. Ifso, you especially vulnerable tooffers that claim will want to intercede before your parents to clear up all their debts.But there's no get victimized again. quidk fix to this problem, and any caller Changing power of attorney or ho daims otherwise islikelybeing deceitful. beneficiaries-If your parents suddenly Encourage your parents to discuss their decide to name someone new as their debt situation with an honest, professional 'agent (the person responsible forcarrying debt counselor or a financial advisor. out a power of attorney), you may Finally, if your parents don't alread need to investigate. And the sameis true with trusted, qualifed financial if your parents change the beneficiary professional, introduce them to one. designation on their investment accounts Your parents worked har all their lives. or insurance policies Do what you can to help them enjoy their Unusual urgency to make an investment "golden years in dignity. If you learn that your parents want to make some type of investment This article was written by Edward mmediately, you should be concerned. Aones for use by your local Edward No reputable financial professional would ,0nes Financial Advisor. Tim Uras, AAMS Financial Adviser 229 South Main Street Amherst, Ohio 44001 Bus. 440-988-0139 Fax 866-532-0585 tim uras edwardjones com www.edwardjones.com Edward jones MAKING SENSE OF INVESTING Member SIPC

Other Ads

codeEmbed

Ads Widget

close

Widget URL

Embed Code

Embed these ads anywhere HTML code is accepted by pasting the snippet below.