Useful Info During COVID (v.6)
February 17, 2021
Scammers Gonna Scam
As we begin vaccinations, you can be sure that scammers will be coming up with creative ways to separate you from your money. Per the FTC, keep the following in mind:
- You likely will not need to pay anything out of pocket to get the vaccine during this public health emergency.
- You can’t pay to put your name on a list to get the vaccine.
- You can’t pay to get early access to the vaccine.
- No one from a vaccine distribution site or health care payer, like a private insurance company, will call you asking for your Social Security number or your credit card or bank account information to sign you up to get the vaccine.
- Beware of providers offering other products, treatments, or medicines to prevent the virus. Check with your health care provider before paying for or receiving any COVID-19-related treatment.
If you get a call, text, email — or even someone knocking on your door — claiming they can get you early access to the vaccine, STOP. That’s a scam. Don’t pay for a promise of vaccine access or share personal information. Instead, report it to the FTC at ReportFraud.ftc.gov or file a complaint with the Massachusetts Attorney General.
Our team is working mostly from home still. As always, reach out with any questions related to elder law, veterans benefits, long-term care, estate planning, and special needs planning. Get outside, and wear your mask!
– Alexis
Elder Abuse – Do You See Signs?
September 20, 2018
Do you have a family member or a neighbor who is elderly, or perhaps younger and intellectually disabled? These folks are prime targets for elder abuse. Some things to keep your eyes and ears open for include:
- A previously uninvolved family member becomes the primary caregiver.
- A previously unfamiliar “friend” becomes the primary caregiver.
- Lots of repeat visits by the same repairmen – are they asking this person to write checks for unnecessary work?
- Payments in the checkbook that can’t be easily explained.
- Lots of ATM or bank withdrawals for cash, if that wasn’t previously this person’s habit.
- The caregiver won’t let others visit or call.
- Acting scared.
- Sudden bruises or injuries.
- Something just doesn’t seem right with the living situation. Trust your gut.
These are not all the signs of elder abuse. If you suspect abuse of an elder or someone who is intellectually disabled, you can try any of the following: call your town senior center; call South Shore Elder Services or Old Colony Elderly Services (depending on your service area – see map here); call the police; or call the patient’s doctor.
If you see something, say something.
For help preventing yourself or a loved one from ever becoming a victim of elder abuse, please call us.
Last Week Tonight’s John Oliver Has Something to Say About Guardianships
September 10, 2018
Have you seen his piece on guardianship? It’s scary, they are extreme though not rare examples that he uses, and being John Oliver, the bit has its funny moments too.
As one of the spotlights, he tells the story of a couple who were put under guardianship, even though they perhaps were still competent (they certainly appear to be in the video), and then their guardian financially abused her power and basically ignored the couple’s everyday needs. The couple ended up trapped in an assisted living and couldn’t get out, even though they had the mental and financial ability to leave, because a court had stripped them of the right to make their own decisions and manage their own money. How did that happen? He doesn’t give the back story, but in all likelihood, either they weren’t presenting well or they were difficult residents, so whomever was having a tough time with them is probably who brought the guardianship case to court, and a judge, assuming that all was in order, approved it.
Bottom line? Don’t leave yourself in a position of ever needing a guardian! In Massachusetts, we have two types of court-appointed fiduciaries: a “guardian” handles your health care decisions, and a “conservator” manages your assets and finances. (In the video, John Oliver refers to both of these as “guardians.”) Why would a court appoint a guardian and/or conservator? The vast majority of the time, it is because someone has become incompetent (typically due to dementia) AND never signed a durable power of attorney and health care proxy.
In a durable power of attorney, you name someone who you trust to handle your finances for you, should you reach a point where you are unable to do so. (Technically, the POA springs to life immediately, but most agents understand not to use it until you need them to.) In a health care proxy, you name someone who you trust to manage your health care if you reach a point where you can’t make or communicate your own health care decisions. (The HCP springs to life only once a doctor certifies that you have reached that point.)
In both cases, the key is to name someone who you trust, and to name alternates as well. If you don’t name alternates, and if your primary agent can’t serve when you need them to, then you are back in John Oliver’s video, where, should you become incompetent, or in some cases, if you are competent but a troublemaker, someone will go to court to have a guardian and conservator named over you.
If you would like help creating your durable power of attorney and health care proxy, please give us a call.
National Grid Warns Customers to Guard Themselves & Sensitive Account Information
January 12, 2015
Apparently scammers are getting better at their craft – received this from my local police department:
National Grid Billing Scam
May 22, 2014
I recently received an email from Norwell Police Chief Ted Ross warning South Shore residents about a utility billing scam. Fraudulent callers are targeting National Grid customers throughout New England. The scammers are demanding payment of alleged electric bill balances (that customers may not even owe) and are threatening to shut off their electricity immediately unless given checking account or credit card information.
What should you do if this happens to you? Ask the caller for the last five digits of your National Grid account number. Inevitably, they won’t have it and you can hang up and rest assured the caller is a scammer. DO NOT give out your banking or credit card information. If you want to verify your account billing status, the telephone number for the National Grid Customer Contact Center is 1-800-322-3223.
Criminals can easily obtain false names for caller identification purposes and attempt to pose as legitimate businesses over the phone. So remember, the best practice is to NEVER give out your banking, credit card, or personal information (such as your date of birth or Social Security number) over the telephone unless YOU initiated the call and are certain of the merchant’s identity. Additional resources on scams and identity theft from the Attorney General’s office can be found here.
If It Sounds Too Good to be True…
July 9, 2009
Right in our own backyard, another financial planner has been charged with scamming seniors. His pitch was that his investments would allegedly earn guaranteed 12% returns – not bad – and not likely. Further, he allegedly implied that these investments were safe; Bill Galvin’s office says they were patently risky. Regardless of how these charges turn out, the lessons remain – be very wary of whom you invest your money with, research it well before writing a check, and most importantly, if it sounds too good to be true, ….
