Jeff Atwater’s Office to Host Scam Prevention Workshops for Seniors
Florida Chief Financial Officer Jeff Atwater intends to hold a series of workshop across the state to highlight ways seniors can avoid scams.
The free morning workshops, called “Golden Rules for Your Golden Years,” will feature information on annuities, reverse mortgages, long-term care insurance and identity theft; explain key terms; outline important questions to ask; and provide educational videos of how some common insurance and financial products work.
“Our seniors are a constant target for unscrupulous individuals,” Atwater stated in a release. “In order to support and protect this important and growing population in Florida, we must join together to educate ourselves so we can put an end to crimes against this generation.”
The workshops:
The Villages
Wednesday, Aug. 15 at 9 a.m.
Waterfront Inn
1105 Lake Shore Drive.
Fort Myers
Wednesday, Aug. 22 at 9 a.m.
Carrie Robinson Center
2990 Edison Ave.
Sarasota
Thursday, Aug. 23 at 9 a.m.
Hilton Garden Inn
8270 N. Tamiami Trail.
St. Petersburg
Friday, Aug. 24 at 9 a.m.
Sunshine Senior Center
330 5th Street North.
Boca Raton
Tuesday, Aug. 28 at 9 a.m.
The Mae Volen Center
1515 West Palmetto Road.
For information, visit www.MyFloridaCFO.com/OnGuard, or contact the Division of Consumer Services at (850) 413-3089 or toll-free at 1-877-My-FL-CFO (693-5236).
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2:47PM AUG 5TH 2012
“One in two Americans are likely to need long-term-care services sometime in their lives.” http: //www. healthcaretownhall. com/? p=4761
2:27PM AUG 3RD 2012
Jonathan Pond, Financial Planner, says that 90% of estates are spent this way: 1) nursing home, 2) IRS, 3) children, 4) grandchildren, 5) charity. More people are worried about the IRS taking their money than about having to spend it on a nursing home.
Some 75 million boomers are ill prepared to cover the costs of long term care especially since Medicare and health insurance does not cover the bulk of long term care and Medicaid only does once someone has spent their live savings to the poverty level.
With only about 10% of those buying long term care insurance (nationalltc.com) the rest will spend their estates on paying for care and some will end up on welfare health care (Medicaid) after spending all their money.
The Federal Deficit Reduction Act provided for every state to have a Partnership program to provide asset protection for those who buy qualified long term care insurance policies. (partnershipforlongtermcare.com)
Some 75 million boomers are ill prepared to cover the costs of long term care especially since Medicare and health insurance does not cover the bulk of long term care and Medicaid only does once someone has spent their live savings to the poverty level.
With only about 10% of those buying long term care insurance (nationalltc.com) the rest will spend their estates on paying for care and some will end up on welfare health care (Medicaid) after spending all their money.
The Federal Deficit Reduction Act provided for every state to have a Partnership program to provide asset protection for those who buy qualified long term care insurance policies. (partnershipforlongtermcare.com)
