This resource from Care Indeed emphasizes the importance of safeguarding seniors from financial fraud and spending mishaps. It highlights the prevalence of scams targeting the elderly, such as fraudulent credit card activities, unnecessary subscriptions, and sweepstakes scams. To address these concerns, Care Indeed offers a service where they set up and manage an American Express credit card for your loved one, with their caregiver acting as the cardholder.
This service includes monitoring monthly statements, catching potential fraud, reconciling receipts, and ensuring timely payments. This comprehensive approach helps seniors maintain independence while providing families with peace of mind regarding their financial security.
