Women also often carry a disproportionate share of this responsibility: three in five family caregivers are women<\/a>. Women are more likely to report physical, emotional and financial strain from caregiving, which can make it harder to protect their own well-being and long-term financial security.\u00a0\n<\/p>\n For the sandwich generation, the holidays can be a natural time to talk with parents about money, including how to protect their finances from scams. November is Chase Fraud & Scam Prevention Month<\/a> \u2013 designed to help people recognize common scams, avoid in-the-moment mistakes and better protect their money and personal information.\n<\/p>\n Here are some tips to keep in mind.\n<\/p>\n Check In and Make a Plan\n<\/p>\n Finances can be incredibly personal, and many parents worry that accepting help means losing independence. Start by framing the conversation around peace of mind and organization \u2013 not control.<\/p>\n TrendingPRESS ROOM: New Study Identifies Potential Treatment For Higher Rate Of Preterm Birth Among African American Women<\/a><\/p>\n Check in on your finances and long-term plan, too. You\u2019ll be better equipped to care for others when your own financial foundation is secure.\u00a0\n<\/p>\n Also consider helping your parents create a \u201cfinancial snapshot.\u201d J.P. Morgan Wealth Management\u2019s guide for supporting aging parents<\/a> outlines a few considerations:\n<\/p>\n Location of key accounts: banking, investments, retirement, credit cards, insurance Then ask what goals matter most in the years ahead: staying in their home, supporting family, traveling, planning for healthcare or leaving a legacy. Goals can evolve, so revisit them periodically. Planning tools can help \u2013 like J.P. Morgan Wealth Plan<\/a>, a free digital money coach in the Chase Mobile\u00ae app or at chase.com.\n<\/p>\n A financial advisor can help create a plan tailored to you and your parents\u2019 needs. An estate planning attorney can document your parents\u2019 wishes, including who may act if they cannot make decisions themselves.\u00a0\n<\/p>\n Understand Common Scams\u00a0\n<\/p>\n Scammers often use urgency, fear, secrecy or affection to pressure people into acting quickly. Recognizing these tactics can help you and your family spot red flags sooner.\u00a0Common scams include:\u00a0\n<\/p>\n Investment scams: Promises of high or \u201cguaranteed\u201d returns with little risk.\u00a0 Chase hosts more than 1,000 free fraud and scam prevention workshops annually, including hundreds across all lower 48 states throughout November.\n<\/p>\n Stay Proactive and Vigilant\u00a0\n<\/p>\n If you or a loved one suspects a scam, slow down and stop communicating with the individual immediately. Contact your bank through a trusted channel to review recent transactions and report the incident to appropriate authorities.\n<\/p>\n Also consider a few simple steps for protection:\u00a0\n<\/p>\n \u201cTrusted Contact Person\u201d: Designate a trusted adult who may be notified about certain online wire activity.\u00a0 You\u2019re Not Alone\n<\/p>\n Caregiving is demanding, and it shouldn\u2019t be a solo effort. Build a support system \u2013 which can include family, friends and professionals such as healthcare providers, attorneys and financial advisors. A thoughtful conversation now can help your parents stay organized and protected in the future.\n<\/p>\n For free educational resources on planning for yourself and loved ones, visit\u00a0chase.com\/theknow<\/a>\n<\/p>\n For more information and practical tips about fraud and scam prevention, visit chase.com\/security<\/a>\n<\/p>\n The views, opinions, estimates and strategies expressed herein constitutes the author\u2019s judgment based on current market conditions and are subject to change without notice and may differ from those expressed by other areas of J.P. Morgan.\n<\/p>\n This information in no way constitutes J.P. Morgan Research and should not be treated as such. You should carefully consider your needs and objectives before making any decisions. For additional guidance on how this information should be applied to your situation, you should consult your advisor.\n<\/p>\n JPMorgan Chase & Co., its affiliates, and employees do not provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any financial transaction.\n<\/p>\n J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through\u00a0J.P. Morgan Securities LLC\u202f(JPMS), a registered broker-dealer and investment adviser, member\u00a0FINRA<\/a>\u00a0and\u202fSIPC<\/a>.\n<\/p>\n
\nHow bills and recurring expenses are paid
\nWhether beneficiaries are up to date
\nWhere important documents are stored and who has access<\/p>\n
\nTech support scams: Requests for payment or remote device access.\u00a0
\nImpersonation scams: Messages impersonating trusted organizations or loved ones, asking for money, passwords, account details or other personal information.\u00a0
\nRomance scams: Online relationships that lead to requests for money.\u00a0<\/p>\n
\nTech tips: Use unique passwords, multifactor authentication and account alerts, keep devices updated and monitor accounts regularly for unusual activity.\u00a0
\nBehavior changes: Watch for secrecy around finances, unusual transactions, unexpected changes to financial documents or pressure from new acquaintances.\u00a0<\/p>\n![\"\"](\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/11\/1794047058_388_c17edb59ffe7440a3c09be741a73bd763318c49d7b3d40fd57cf435cd7802a7c.jpeg\")
<\/p>\n","protected":false},"excerpt":{"rendered":"By Sponsored by JPMorganChase Planning and scam prevention tips for caregivers balancing kids and parents If you\u2019re raising…\n","protected":false},"author":2,"featured_media":521635,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[199608,199609,383,199610,199611,93,9180,199612,199613,25469,199614,199615,174872,971,974,143,145,144,15630,199616,43505,199617,120417,199618],"class_list":["post-521634","post","type-post","status-publish","format-standard","has-post-thumbnail","category-oakland","tag-aging-parents","tag-caregiver-support","tag-economy","tag-elderly-caregiving","tag-family-finances","tag-featured","tag-finance","tag-financial-security","tag-fraud-protection","tag-identity-theft","tag-investment-scams","tag-jp-morgan-wealth-management","tag-lead-story","tag-lifestyle","tag-national","tag-oakland","tag-oakland-headlines","tag-oakland-news","tag-personal-finance","tag-retirement-planning","tag-sandwich-generation","tag-scam-prevention","tag-wealth-management","tag-women-and-caregiving"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/521634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=521634"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/521634\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/521635"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=521634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=521634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=521634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}