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5 Ways to Protect Seniors from Financial Abuse

To protect seniors from financial abuse, initiate regular family discussions to raise awareness, simplify their finances by reducing credit cards and consolidating accounts, and consistently monitor financial statements for suspicious activity. Ensure all legal documents are updated and securely stored, and caution seniors against sharing personal information over the phone unless they initiate the call. These strategies help safeguard seniors from financial predators while empowering them to manage their finances confidently.

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