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Big Picture Retirement®

The Financial Abusers Playbook: Learn Their Secrets

Big Picture Retirement®

Devin Carroll

News, Business News, Investing, Business

4.7546 Ratings

🗓️ 6 May 2019

⏱️ 41 minutes

🧾️ Download transcript

Summary

90% of contested probate cases were between the surviving wife and the children of the deceased man.

We received an email from a listener whose widowed father met a new woman and let her into his life. However, the kids have some concerns about the new friend, and a little research has shown some concerning information about this person.

There is a very specific routine of how people commit elder abuse. Listen as John spells out the secrets of the Financial Abuser's Playbook.

For more information, visit the show notes at https://www.bigpictureretirement.net/112 

Transcript

Click on a timestamp to play from that location

0:00.0

The Big Picture Retirement Show does not provide specific tax, legal, or financial advice.

0:05.1

Listeners are encouraged to seek out their own advisors in these areas.

0:13.1

Hello, everyone. Welcome to The Big Picture Retirement Show. This is the podcast where John Ross is.

0:19.0

That's the most important thing you need to know. It really is.

0:21.3

Yeah. And so howdy. This is the podcast for anyone who is planning for or living in retirement.

0:26.9

I'm Devin. You've already heard from John Ross. Let's jump into it because today we have a spicy

0:32.9

email. We have what looks like the perfect formula for a lifetime movie.

0:40.3

Yeah, no, that's right.

0:41.2

And I'm going to start with a statistic.

0:42.9

Oh, yeah, let's hear it.

0:43.9

Because everybody loves statistics.

0:45.5

Oh, sure, especially me.

0:46.6

Especially you.

0:48.2

But I actually found this one to be pretty interesting.

0:51.8

Somebody had done a study of contested probate cases across the United States.

0:59.4

Oh yeah, yeah, yeah. Right? So somebody has died, and now there is a fight over the estate.

1:06.5

Yep. The contestants in that contested probate case, in 90% of the cases, were the surviving wife and the children from the deceased man.

1:23.8

So obviously not the mother of the children.

1:26.5

Not the mother of the children. Not the mother of the children.

1:27.9

So we're talking about a subsequent wife.

1:30.5

A subsequent wife.

1:32.4

And again, 90% and this is gender specific.

...

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