Are you worried about the growing number of scams targeting aging loved ones in California as we enter into the New Year? Protecting older family members has never been more important. As scams become increasingly sophisticated, family members play a critical role in ensuring their loved ones stay safe from financial and emotional harm. How can you help your aging parents or relatives navigate these challenges?

These are important questions to ask. As you can imagine, age related challenges can cause California’s senior population to be especially vulnerable to scams. From phishing emails to fraudulent phone calls pretending to be government officials to pretending to be a grandchild, emotional based tactics are employed against Older Americans. We find that by taking proactive steps to safeguard your loved ones can both provide peace of mind and protect what they hold most dear. 

Let us share with you seven ideas to help California families protect aging elders from scams that we share with our clients, friends, and community right here on our blog.

  1. Educate about common scams. Awareness is the first line of defense against scammers. Talk to your loved ones about common schemes targeting Californians, such as real estate fraud, tech support scams, and imposter calls claiming to be from the IRS or Social Security. The more they know, the less likely they are to fall victim.
  2. Encourage open communication. Create an environment where your loved ones feel comfortable discussing financial concerns or unusual requests. Many scams succeed because victims are too embarrassed to talk about what is happening. Regularly checking in can help catch warning signs early.
  3. Monitor financial accounts. Help your loved ones set up online banking with secure access so you can spot unusual transactions. California law allows family members to request alerts from banks in cases of suspected elder abuse. Being vigilant about financial activity can prevent significant losses.
  4. Understand California’s elder protection laws. California has some of the strongest protections against elder abuse, including the Elder Abuse and Dependent Adult Civil Protection Act. Familiarize yourself with these laws to understand your rights and resources if a scam occurs.
  5. Protect online privacy. Scammers often target seniors through digital means. Teach your loved ones how to recognize phishing emails and avoid clicking on suspicious links. Encourage the use of strong passwords and two-factor authentication for added security.
  6. Establish legal protections. Work with your experienced California estate planning attorney to set up durable powers of attorney and trust agreements that protect assets. These tools not only provide peace of mind but also prevent unauthorized access to your loved one’s accounts or property.
  7. Stay informed. Stay updated on emerging scams and fraud schemes in California. Agencies like the California Department of Consumer Affairs and the Department of Aging offer scam alerts and resources specifically designed for seniors and their families.

We know this blog may raise more questions than it answers. Protecting aging loved ones from scams requires both education and action.  Do you have questions? We know this article may raise more questions than it answers. Our office is here for you and your loved ones. Please call us to schedule a meeting time.