Elder Financial Abuse

Elder financial abuse is one of the most common methods of abuse. It can come from any kind of caretaker, including a family member. This form of abuse can range from not allowing the individual to spend their money in the way they want, or influencing them sign away property, accounts, power of attorney, and more. If you notice that there are unusual withdrawals from a loved one's bank account, or if there are new signers on their accounts, or there are changes in their will, you should investigate. Your friend or loved one may be too embarrassed to admit that they're being bilked, or they may not even know it. They may also be too afraid of retribution to tell anyone. Get an experienced investigator or elder abuse attorney to help you learn the truth.

Fast Facts

  • If there are unpaid bills piling up when there had always been sufficient funds to pay them in the past, there might be elder financial abuse.
  • If a caregiver is isolating your loved one and not allowing you to talk to them alone, there may be undue control and abuse taking place.

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