Who Benefits from a Daily Money Manager?

who benefits from ddm

For those who are physically and mentally healthy, keeping up with day to day financial tasks such as mail review, bill pay, and overall financial organization are tasks we can typically manage on our own. However, what happens if our health changes? What if we get into a situation where it becomes difficult to manage…

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An Elder Abuse Story With A Positive Ending

elder abuse story

We all know that, sadly, senior citizens are often the targets of elder abuse. A lot of times, this has to do with their personal finances. Many have handed over their entire life’s savings to complete strangers over Moneygram, Green Dot, Western Union or over a wire transfer. For many reasons, perpetrators never get brought…

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Elder Abuse Cases Are on the Rise

elder abuse cases

For those of us with elderly parents, it’s almost unthinkable that anyone would be so heartless as to take advantage of them. Yet, every year, we hear about elder abuse cases where innocent elderly people are being maliciously conned out of their hard-earned money. Sadly, this problem doesn’t seem to be getting any better. Elder…

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Financial Threats Facing the Elderly

financial threats

In a recent article in the Herald Tribune, reporter Barbara Peters Smith spoke with a general practice attorney named Jack Windt, who has extensive experience handling wills and trusts for the elderly. While we’re quite aware of the financial threats that face our many elderly clients, we were somewhat sobered by what Jack Windt had to say.   In…

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Senior Money Moments May Have Serious Consequences

senior money moments

Getting older is a natural part of life, but unfortunately, it can also come with those senior money moments. For many people, this means momentary lapses in memory or judgment. However, it can also mean serious consequences when these issues affect one’s money. This is a great reason to have a daily money manager on your side, as…

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Protecting the Elderly from Financial Abuse

protecting the elderly

It goes without saying that we all love our parents. This is why getting older, as a child, can often be difficult, as it sometimes means watching our beloved parents struggle. One especially challenging situation is when they’re struggling because other people are trying to swindle them for money. Such a crime is referred to as elderly financial abuse.…

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A Sad Tale of a Defrauded Senior Citizen

defrauded senior

If you’ve been keeping up with the news lately, then it’s possible that you heard about this story of a defrauded senior citizen. Regardless, we thought it was worth sharing, because it speaks to the financial peril that faces senior citizens throughout the country, including many of our clients.   Recently a family realized that their father, who…

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Seniors Gain Peace of Mind with Daily Money Management Services

peace of mine

For those in their retirement years, protecting your financial situation is of paramount importance. Whether you’re living on a set amount of money each month or want to ensure that the legacy you plan to leave your children and grandchildren is protected, daily senior money management services provide peace of mind for and security for…

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Financial Fraud Increases Among the Elderly

fraud increases

It’s estimated that somewhere in the neighborhood of 10,000 people will retire each day thanks to the Baby Boomer generation. These individuals control 70% of the nation’s wealth. The sad truth is that this number will also attract a wide array of con artists and defrauders, bent on swindling away a piece of their pie.…

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