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Cameron Huddleston: Talk to Your Parents About Their Finances

The Long View

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Elder Financial Abuse and Financial Fraud

One key worry among older adults and adult children is as if there could be some sort of financial abuse or fraud perpetrated upon them. Make sure that you know, if you are aging in place, that all your financial documents are secured some place safe. Freese your credit so that someone cannot use your identity to open lines of credit in your name. Use an account monitoring service so you can be notified in case there are unusual transactions on your account.

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