Showing 7 posts by Nicolas Camargo.
While it is important to make sure our parents are well-taken care of and healthy as they age, it is just as important to make sure that their financial affairs are in order. This also includes being on the lookout for and preventing any potential financial exploitation. Read More ›
Gift cards; while they are a great means of acknowledging someone's birthday, anniversary, or simply to say "thank you," they are also rapidly becoming a means for con artists to scam unsuspecting individuals, especially seniors. Read More ›
Saturday, June 15 is World Elder Abuse Awareness Day, which is a day created by the UN in 2012 to draw attention to the millions of older adults who experience elder abuse, neglect, and financial exploitation. With increased longevity, nearly 50 million people in the US alone are age 65 and older. Estimates indicate that by 2050, the global population of people above the age of 60 will exceed the number of younger people.
Unfortunately, this also means that there is a growing need to address the issue of elder abuse as senior citizens are increasingly finding themselves prone to scammers and abuse both from within and without. According to the Administration for Community Living (ACL), as many as 1 in 10 older Americans are abused or neglected each year and only 1 in 14 cases of elder abuse ever comes to the attention of the proper authorities. Read More ›
The reversal of roles in the parent-child relationship, from the parent being the provider to the parent being dependent on his or her child, is a change that can be difficult for both. This is made even more difficult when it becomes apparent that the parent(s) can no longer live on their own, and now need around the clock care. Read More ›
No family is perfect. Families will fight, not speak to each other for extended periods, or in some extreme cases, face each other in court.
This is especially true as parents advance in age and as they become more dependent on their children for assistance, old conflicts can come back to the forefront, leading to quarrels among siblings as well as between parents and their children.
Often these disputes begin not out of greed but for a variety of other reasons:
- Internal difficulty in coping with a parent in decline
- Conflicts, power struggles and rivalries that are dug up from the past
- Disparities and inequities in the burden of care
- Disagreements in both medical decisions and in living arrangements
- Financial concerns over the care of a parent
I’m sure you’ve spent a wonderful vacation at a unique and dreamy location and thought to yourself, “I wonder what it would be like to live here?” If you answered that question by investigating the details of purchasing a vacation home in that perfect spot, it would be wise to consult with an attorney early in the process to avoid getting into hot water later on. Read More ›
10,000 Americans turn 65 every day. With an aging population, come a variety of new issues for society to address. One of those issues is elder financial abuse, which has been a growing problem over the past decade. According to a study in the American Journal of Public Health, 1 in 18 older “cognitively intact” adults falls prey to financial fraud or abuse in a given year. Read More ›
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