How to prevent financial elder abuse

How to help your aging parents with financial decisions.

Douglas Goldstein,

Elderly couple (illustrative) (iStock) זקנים אנשים זוג
Elderly couple (illustrative) (iStock) זקנים אנשים זוג

Do you want to protect the senior citizens you know from financial abuse? Need to have a conversation with your aging parents about protecting their finances?

Doug Goldstein, CFP, director of Profile Investment Services Ltd., and Carolyn Rosenblatt and Dr. Mikol Davis of Aging Parents discuss the best way to help grown children discuss financial decisions and financial control with their parents.

Sadly, the elderly are a vulnerable population that is often taken advantage of and abused. Ms. Rosenblatt and Dr. Davis offer non-threatening ways to approach this sensitive topic.

8 mistakes that high earners need to avoid: Doug responds to a listener letter about controlling expenses. He lists the worst mistakes of high-earners and how to avoid them.

More Arutz Sheva videos: