Elder financial abuse can have very deep impacts. It can have major financial and emotional implications for its elderly victims. The financial ramifications of it can also last within a victim’s family for a very long time.
So, it can be important to watch for signs that your elderly loved ones may be particularly vulnerable to such abuse. Such signs include elderly individuals:
- Having physical health issues that could require them to bring in more service providers
- Being isolated through not having any friends or family who live in their area or regularly visit them
- Experiencing major memory or recall problems regarding financial matters