Protecting Yourself from Scams and Financial Exploitation

Sadly, scammers often target families in grief.

They know emotions run high and details are confusing. Here’s how to recognize and protect yourself from fraud.

1. Be Skeptical of “Immediate Action” Requests

Anyone demanding instant payment or personal info is a red flag. Take time to verify.

2. Watch for Fake Funeral or Memorial Bills

Fraudsters may pose as funeral vendors requesting “final payments.” Confirm directly with the funeral home.

3. Guard Personal Information

Don’t share Social Security numbers, account logins, or death certificate copies unless absolutely necessary.

4. Monitor Accounts and Credit Reports

Request a freeze on the deceased’s credit and monitor your own statements for unusual activity.

5. Avoid Unknown Advisors or “Inheritance Specialists”

If someone claims they can “maximize” your inheritance, verify credentials and references.

6. Confirm Life Insurance or Pension Contacts

Scammers may pretend to be from official institutions. Always call companies directly using known numbers.

7. Don’t Click Links in Emails or Texts

Phishing scams often appear as urgent “benefit updates” or “payout requests.”

8. Beware of Emotional Manipulation

Anyone using sympathy or guilt to earn trust may have hidden motives.

9. Stay Private on Social Media

Avoid posting detailed financial updates or exact dates of memorial services publicly.

10. Report Suspicious Activity

Call your local police department, the FTC (877-382-4357), or your financial advisor immediately.

Tip: Trust your instincts. If something feels off, pause before acting.

Understanding these risks and having a partner in your corner to help navigate these could be beneficial to your overall plan. Click here to schedule your complementary review.