For some older homeowners, a reverse mortgage can be a way to supplement retirement income, consolidate debts or cover expenses, like health care. For scam artists, they can be a lucrative tool to fleece people in their 60s and up out of large sums of money, or even their homes.
A new study led by researchers at the Johns Hopkins Bloomberg School of Public Health and the Federal Reserve Board of Governors found that Medicare beneficiaries who go on to be diagnosed with dementia are more likely to miss payments on bills, as early as six years before a clinical diagnosis.
Suspected cases of abuse of Florida’s seniors may get increased scrutiny, after Gov. Ron DeSantis signed a bill this week approving the creation of elder abuse fatality review teams across the state.
Scammers gravitate to tightened finances, like moths to a flame. To complicate matters, shelter-in-place restrictions have pushed people to make more online transactions. That means new opportunities for fraudsters to take advantage of seniors, who may be new digital accountholders.
More than 1 in 10 family caregivers live at least an hour away from their aging or ailing family member, and many are tending to a loved one from a distance of hundreds of miles.
Guardians across Florida would be required to receive a judge’s approval to place do not resuscitate orders on clients in their care under legislation filed Wednesday by Florida lawmakers.