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Gossett Rick - Safe & secure: 10 essential steps for seniors to protect against financial abuse

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Safe & secure: 10 essential steps for seniors to protect against financial abuse: summary, description and annotation

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Thieves and scammers are on the prowl for easy targets who have significant exposed assets and if youre a senior citizen who saved for retirement, you may be the perfect mark. Fran Tarkenton, the NFL Hall of Fame quarterback who became a successful entrepreneur, has partnered with certified public accountant and financial executive rick Gossett to present this practical, up-to-date guide to scam-proofing your savings during your golden years. Safe & Secure will give you ten specific actions steps that will turn you from an easy target into a hard target. A well-prepared senior who understands the potential for financial abuse and has taken the precautions recommended in this book is more than likely to remain safe and secure through a long and comfortable retirement. As our country gracefully ages, we need to make sure to do all we can to protect the elderly from their health, to their mind, to their finances. Once again, a man we all trust and respect has stepped forward and answered the call. With his simple and effective ways of explaining important concepts, legend Fran Tarkenton is doing his part to keep the elderly safe, drawing on his successful career both on and off the football field. SANJAY GUPTA, Assistant Professor of Neurosurgery at Emory University and CNN Chief Medical Correspondent From helping us all recognize that were potential targets to providing easily comprehensible and implementable solutions, Fran Tarkenton and Rick Gossett have provided an extremely invaluable and indispensable resource. Elder financial abuse will remain a major concern as our population ages. The tools presented here can help everyone be prepared and less likely to be a victim. THOMAS E. PRICE, MD, former Secretary of Health and Human Services and former member of US House of Representatives.;The crime of the twenty-first century, elder financial abuse -- Recognize that you are a target -- Recognize potential abusers -- Admit that you are vulnerable (we all are) -- Simplify your finances -- Make your finances transparent -- Organize your key financial, medical, and legal documents -- Protect your personal identity information (PII) -- Create a circle of advisors -- Consider naming a financial caregiver -- Work with a senior-friendly institution.;Thieves and scammers are on the prowl for easy targets who have significant exposed assets. If youre a senior citizen who saved for retirement, you may be the perfect mark. Tarkenton and Gossett present a practical, up-to-date guide to scam-proofing your savings during your golden years. They share ten specific actions that will turn you from an easy target into a hard target. -- adapted from information provided.

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PRAISE FOR SAFE SECURE As our country gracefully ages we need to make - photo 1

PRAISE FOR

SAFE & SECURE

As our country gracefully ages, we need to make sure to do all we can to protect the elderlyfrom their health, to their mind, to their finances. Once again, a man we all trust and respect has stepped forward and answered the call to help. With his simple and effective ways of explaining important concepts, legend Fran Tarkenton is doing his part to keep the elderly safe, drawing on his own successful career both on and off the football field.

SANJAY GUPTA , Assistant Professor of Neurosurgery at Emory University and CNN Chief Medical Correspondent

As more and more of our citizens are reaching their senior years, it means an exploding marketplace for senior fraudsters. They are everywhere! This book is as essential to your financial safety as seat belts are in the car. Keep it handy every day!

SCOTT MILLER , CEO of Core Strategy Group

From helping us all recognize that were potential targets to providing easily comprehensible and implementable solutions, Fran Tarkenton and Rick Gossett have provided an extremely invaluable and indispensable resource. Elder financial abuse will remain a major concern as our population ages. The tools presented here can help everyone be prepared and make them less likely to be a victim.

THOMAS E. PRICE , MD, former Secretary of Health and Human Services and former member of US House of Representatives

Safe & Secure is both timely and astute. It addresses an insidious threat to one of the largest demographic populations in our society, one that most of us do not equate with vulnerability. Fran and Rick offer critical insights into the dehumanizing process that occurs when seniors are subjected to financial exploitation and how this often precedes psychological, physical, and even sexual abuse.

With so much of our contemporary popular cultures focus on the Millennial generation or Gen Y, it is all too easy to overlook the fact that our Traditionalist and Baby Boomer populaces are often considered soft targets for predators in our society.

Safe & Secure not only raises these issues and brings the problem of victimization into the plain light of day; it also delivers the essential tools and strategies for prevention. This is a must read for seniors but also for any of us. This generation deserves our collective esteem and respect, but more than anything, our vigilance in protecting their financial and personal security.

ANTHONY HORTON , author and DVP of Business Development at ADP, LLC

This book cannot be more timely or relevant to todays seniors. The importance of planning and choosing the right individual(s) to help seniors plan has become increasingly more difficult and Safe & Secure offers great advice! This book should be a must read for the entire family, those taking care of themselves, and those looking after seniors.

MARK WILLIAMS , President and CEO at Brokers International

Copyright 2019 by Fran Tarkenton and Rick Gossett

All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means electronic or mechanical, including photocopy, recording, or any information storage and retrieval system now known or to be invented, without permission in writing from the publisher, except by a reviewer who wishes to quote brief passages in connection with a review written for inclusion in a magazine, newspaper, website, or broadcast.

Regnery is a registered trademark of Salem Communications Holding Corporation

Cataloging-in-Publication data on file with the Library of Congress

ISBN 978-1-62157-817-8

ebook ISBN 978-1-62157-842-0

Published in the United States by

Regnery Publishing

A Division of Salem Media Group

300 New Jersey Ave NW

Washington, DC 20001

www.Regnery.com

Books are available in quantity for promotional or premium use. For information on discounts and terms, please visit our website: www.Regnery.com.

CONTENTS
DISCLAIMER

T his publication contains the opinions and ideas of its authors. It is intended to provide helpful and informative material on the subject matter covered. It is sold with the understanding that the author and publisher are not engaged in rendering professional services in the book. The information provided is not intended as tax, investment, or legal advice, and should not be relied on as such. If the reader requires personal assistance or advice, you are encouraged to seek tax, investment, or legal advice from an independent professional advisor. The authors are not endorsed by or affiliated with the Social Security Administration or any government agency.

The author and publisher specifically disclaim any responsibility for any liability, loss, or risk, personal or otherwise, which is incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this book.

All terms mentioned in this book that are known to be or are suspected of being trademarks or service marks have been appropriately capitalized. The publisher cannot attest to the accuracy of this information. Use of a term in this book should not be regarded as affecting the validity of any trademark or service mark.

This book provides general information that is intended but not guaranteed to be correct and up-to-date information on the subjects discussed and should not be regarded as a complete analysis of these subjects. You should not rely on statements or representations made within the book or by any externally referenced sources. No party assumes liability for any loss or damage resulting from errors or omissions or reliance on or use of this material.

The author does not assume any responsibility for actions or non-actions taken by people who have read this book, and no one shall be entitled to a claim for detrimental reliance based upon any information provided or expressed herein. Your use of any information provided does not constitute any type of contractual relationship between yourself and the provider(s) of this information. The author hereby disclaims all responsibility and liability for all use of any information provided in this book. The materials here are not to be interpreted as establishing an attorney-client or any other relationship between the reader and the authors or their firm.

Although great effort has been expended to ensure that only the most meaningful resources are referenced in these pages, the author does not endorse, guarantee, or warranty the accuracy, reliability, or thoroughness of any referenced information, product, or service. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by third parties are those of the author(s) or publisher(s) alone. References to other sources of information do not constitute a referral, endorsement, or recommendation of any product or service. The existence of any particular reference is simply intended to imply potential interest to the reader.

The views expressed herein are exclusively those of the author and do not represent the views of any other person or any organization with which the author is or may be associated.

INTRODUCTION

Safe secure 10 essential steps for seniors to protect against financial abuse - image 2

THE CRIME OF THE TWENTY-FIRST CENTURYELDER FINANCIAL ABUSE
INTRODUCTION
THE CRIME OF THE TWENTY-FIRST CENTURYELDER FINANCIAL ABUSE

With good reason, financial elder abuse has been characterized by some experts as the crime of the

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