Senior Financial Exploitation: Understanding the Problem

In a recent article for Merrill Lynch, Cynthia. L. Hutchins outlined the growing problem of senior financial exploitation. “Senior Financial Exploitation: A Hidden Threat” is offered as Part 2 of the brokerage company’s Financial Gerontology Series. Senior financial exploitation is fined as the manipulation of an older adult into transferring his or her assets to another person for that individual’s personal benefit. It is often done without the senior’s knowledge that victimization is even occurring. It is understandable that a major brokerage firm would be concerned about protecting the assets of seniors and their families. As the number of baby boomers at retirement age rises, the problem

Alzheimer’s Disease Awareness: Good News on the Horizon

Somehow in the holiday rush, November is over, but it’s not too late to remind our readers that it November was also National Alzheimer’s Disease Awareness Month and National Caregiver Month. Today, there are approximately 5.4 million individuals living with Alzheimer’s, and more than 15 million caregivers for those with Alzheimer’s and other dementias. This year’s theme was “Go Purple,” and supporters were asked to wear purple ribbons and use Alzheimer’s Association purple-themed social media icons. More importantly, increased public awareness about Alzheimer’s and support for dedicated caregivers are key rationales for recognizing the month, which is marked by a Presidential proclamation.

Happy Holidays from Homecare California

I wanted to take a quick moment to express my gratitude to my clients, employees, business partners and referral sources (hospitals, skilled nursing facilities, assisted and independent living facilities, and a host of others) that entrust their confidence in us every day. The holidays can be stressful. So many expectations, so much to do and a short amount of time to enjoy it. This is a time when our elderly client’s often need us most. We especially appreciate those caregivers that spend Christmas Day and New Years with our clients, sometimes away from their own families. Lisa and I are grateful for the dedication, compassion, professionalism and kindness of those that we are blessed t

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