Protecting You Or A Loved One From Elderly Fraud - KSLA News 12 Shreveport, Louisiana News Weather & Sports

Protecting You Or A Loved One From Elderly Fraud

There are ways to protect yourself so that you don't become the victim of a scam especially as it relates to Powers of Attorney.
Lawyers KSLA News 12 spoke with say first, you should limit the time of the Power of Attorney to when you are incapacitated.
Second, let others know so they can watch over your assets.
Finally, limit the assets, for example, to just the house or just one bank account.
If you find your are a victim, there are things you can do.
"You need to get a family member or hire an attorney to immediately start trying to pursue and undue these things," said Attorney Jeff Thompson.
When choosing who to give Power of Attorney, lawyers say be careful not to chose anyone who is not related to you or who seems to be in need of money.
They say you may also want to get legal advise before signing over a Power of Attorney.
Story by Tania Francois
Powered by Frankly