FOR IMMEDIATE RELEASE June 2, 2015
Vancouver, BC – BC Notaries welcome the Province of B.C.’s proclamation declaring June 15 “Elder Abuse Awareness Day” to help raise awareness of disturbing and serious scams that can be devastating to seniors and their families.
“Criminals often target the most vulnerable in society and Notaries see this far too often, but there are things that seniors and their families can do to protect themselves,” said Akash Sablok, President of the Society of Notaries Public of B.C. and Vancouver Notary. “We often work with seniors and their loved ones to create legal documents that help to protect them from becoming victims of fraud.”
BC Notaries share five things people can do to protect loved ones or themselves against Elder Fraud.
It can be helpful for seniors to learn about common scams that typically target their peers. These are often shared online and through the news media. Sharing this information with aging parents and friends, and talking about how they would react can help seniors to protect themselves if approached by a scammer.
Set up direct deposit of all incoming pension and other funds to minimize the opportunity for fraudsters to intervene. Tellers at your bank can help with this. Additionally, set up pre-authorized payment for regular bills, so they are paid automatically, without delay or worry. You might even want to consider getting prepaid credit cards set at specific limits.
Having a senior appoint a trusted person, possibly an adult child, to manage finances and legal affairs can be helpful. This person should be accountable to the older adult and involve that person in the decision-making process. A BC Notary can help clarify and designate the Attorney’s roles and responsibilities.