Scammers are everywhere.

Here's Curtis Bailey in our today's episode to  discuss how we can deal with them. My interview with him was jam-packed with information, but here are a few things we discussed:

Preventing SCAMMERS from Scamming your loved ones

* Seniors need to have a team of professionals.

* Don’t let someone cut you out of your social circles because this is a common practice of scammers.

* Be sure and talk to your family members because they can help you determine if something is a scam.

* Scammers use emotions to scam people who are lonely. They also prey on fear, so let your rational side tell you what is happening.

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Is someone overly nice and charming? Scammers can spend HOURS talking to seniors.

* Don't keep secrets because scammers often ask their victims to keep secrets.

* They may ask you to receive money from people you don’t know because then they'll have your banking information.

* We can protect our assets with a living trust, but the living trust can also be revocable.

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You can create a Power of Attorney with scams in mind.

* Every year you can get a free credit report with each of the three credit rating agencies at http://AnnualCreditReport.com so you can see if your credit is being used by someone else.

* Allow family members to receive notifications if anything strange starts happening with your finances so that they can help you spot a scammer.

Mr. Bailey practices estate planning and elder law at Huffman Law Offices, PC, and he is a member of Missouri Bar Association and the Illinois Bar Association.  Curtis is also a member of the National Academy of Elder Law Attorneys, and not only that, but he is also a member of the Advisory Council of the Area Agency on Aging of Southwestern Illinois.  He is very active in his community and is a member of his Chamber of Commerce and Rotary International.

Curtis is the co-founder of Senior Scam Action Associates.  They help people recognize, prevent, and recover from scams.

Email: [email protected]

For today’s freebie, the 10 dead giveaways of a scam, go to http://RockYourRetirement.com/scam

This post on Retirement Lifestyle first appeared on http://RockYourRetirement.com.

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