Free financial and medical advice hotline for Northern Kentuckians

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Copyright 2011 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Posted: 11/10/2011

Several Northern Kentucky institutions will host a hotline for financial and medical advice to help protect the elderly from financial fraud.

The Kentucky Department of Financial Institutions is joining the National Adult Protective Services Association, Investor Protection Trust, the Financial Planning Association, Baylor College of Medicine and the Investor Protection Institute to host the advice hotline.

You can call for advice on Thursday, November 10 between 9 a.m. and 6 p.m.

If you have General Finance questions, call 1-888-1776. Callers can speak with an expert from the Financial Planning Association about their family financial security.

FPA professionals also can help initiate a conversation about money with adult children of older parents in order to help prevent elder investment fraud and financial exploitation.

For Medical questions, call 1-888-303-0430. You can get advice from health care professionals about medical issues such as mild cognitive impairment. This medical concern can impact an older person's ability to make wise and safe financial decisions and can increase their vulnerability to elder financial abuse and exploitation.

The health care professionals can help callers recognize the warning signs of vulnerability to financial abuse and suggest referral routes for further medical screening.

For Financial Abuse questions, call 1-888-303-3297. Callers will speak with an adult protective services (APS) professional about elder financial abuse and strategies for keeping themselves or older loved ones independent.

Callers can get information on how to recognize the most common ways that older adults are financially exploited and methods for preventing elder financial abuse. APS professionals also will help callers take the proper steps if they suspect that a loved one is being financially abused or exploited.

Copyright 2011 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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