Tag: financial

Must-Watch Videos to Protect Yourself from Scams

Scammers are more sophisticated than ever.  The FTC reported that Americans lost about $1.48 billion to scammers in 2018 alone.  Scam phone calls are so commonplace, that many of us do not even answer the phone if we do not know the number (good advice!). While there are a lot of scams targeting seniors, younger adults get tons of these scam calls and emails as well.  Everyone needs to be aware of the signs of a scam, because once that

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Social Security Scam Warning: Don’t Trust Your Caller ID

According to the Federal Trade Commission, scams involving claims about Social Security are surging. Consumers lost $19 million last year, which surpasses the peak year of the IRS scam. Our office was recently contacted by a senior who was tricked into sending scammers $50,000 dollars—all of her savings! Please help spread the word about this danger.

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5 Reasons Why You Must Check Your Credit Report Every Year

What is a credit report? A credit report is a record of your credit activity and credit history.  There are three major national consumer credit reporting agencies: Equifax, Experian and TransUnion.  They each compile records of financial history that affect credit–in other words, a “credit report.”  These reports contain information about your payment history, credit limits, loan balances, and other financial and personal information.  For example, credit cards, student loans, mortgages, and auto loans all appear on credit reports. Here

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What is a Durable Power of Attorney?

If you slipped and hit your head, and ended up in the hospital in a coma, who would manage your finances?  Does that person have the legal authority to access your accounts, pay your bills, and handle your property?  If you are a senior, you should know the answer to these questions.  Anyone can become incapacitated, and planning for this can save you and your family a lot of time, money, and headache.  A Durable Power of Attorney is one of

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