Mom is aging and needs lots of care but has limited resources. The family is looking for a way to cut her unneeded expenses while meeting her needs. One expense that families consider cutting is a life insurance policy. After all, most of us purchase life insurance to pay for living expenses of a family,… Continue reading Convert Life Insurance into a Long Term Care Benefit Plan
Category: Consumer Advocacy
Banks are often the last line of defense to prevent scams. Inquire before you wire.
Education is not Discrimination, Banks should do more to Educate their Depositors about the various Scams Con-artists use various schemes to part bank customers with their money. These include: Lottery and Sweepstakes Scams Grandpa I’m in Jail Fraud Internet purchaser scam Secret shopper Scam Some confidence games trick individuals, often the elderly, to send money. … Continue reading Banks are often the last line of defense to prevent scams. Inquire before you wire.
Avoid Lottery Scams, No matter how convincing
What would you do if you received an official looking that informed you that you won $8.75 million dollars? What if the letter had a copy of a cashier’s check written to you? Don’t be fooled. The lottery scam begins with a bold announcement. Victims are contacted by telephone, email or mail. (A sample… Continue reading Avoid Lottery Scams, No matter how convincing