The Best Way to Protect a Parent from Scammers

Adult children worried about their parents’ ability to spot and avoid fraud have several options to help protect them, including a durable power of attorney, a guardianship and a revocable trust. Which might be best for your family?

An adult daughter walks with her arm over her mom's shoulder.
(Image credit: Getty Images)

I recently attended a reunion dinner with my college friends whom, unfortunately, I have been out of touch for almost 30 years. We spoke of new friends and old friends, careers and our children, who are now graduating from college and beginning their careers.

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James J. Ferraro, JD
Vice President/Legal Counsel, Argent Trust Company

James Ferraro is a vice president and trust counsel in the Shreveport, La., and Kansas City, Mo., offices of Argent Trust Company. Ferraro is a 2003 graduate of the University of Missouri at Kansas City School of Law, past president of the family and the law section of the Kansas City Metropolitan Bar Association, is a member of the Tax and Estate Planning Council of Shreveport and a Regional Ambassador for the Kansas City Estate Planning Symposium.