Older generations who did not grow up using smartphones and the internet are often the targets for financial abuse by perpetrators who are far more comfortable navigating the digital landscape. Often, they use their knowledge to gain a person's trust and access to...
Financial Elder Abuse
Understanding elder financial abuse by a family member
It is a tragic reality that the elderly are targets for financial abuse. Victims can be isolated or lonely, and they may suffer from mental incapacity or memory loss, which can make them especially vulnerable to abusers. Unfortunately, the person abusing or exploiting...
Be aware of these financial abuse tactics targeting the elderly
People who have cognitive issues or have been isolated from their families can be incredibly vulnerable to abuse – particularly financial abuse. Being aware of how abusers attempt to manipulate or trick a victim into giving them money can be crucial in protecting...
Who is most at risk of financial elder abuse?
After a certain age, there comes a time when many seniors will have to rely on others' help to take care of themselves. Unfortunately, this puts countless elders in a position to be taken advantage of financially – often even by their own family. If you have an older...
Do you know the warning signs of financial abuse?
The financial health of your loved ones is especially important in their later years. With limited income and increased health needs, their budgets should be carefully balanced so that they can be comfortable whether living at home or receiving assistance from a...
Helping your parents avoid financial abuse
It can be difficult to know how to help our parents as they get older, particularly if they don't realize they need help or feel comfortable asking for it. That said, there are easy, proactive ways adult children can protect parents from harm. For instance, your...
Older Americans are increasingly targets of abuse
If we’re lucky – we will all live to old age and have the financial security to afford a comfortable lifestyle. This is feat that many have worked hard to achieve, to be able to live out their golden years comfortably. However, elderly Americans are a growing target...
Protect loved ones from financial elder abuse with our help
What many California residents may not be aware of is that family members and caregivers are often the most common perpetrators of emotional and financial elder abuse. As upsetting as it is to hear, the very people who are entrusted to ensure their safety and security...
New law aims to prevent financial elder abuse
We often focus on the care and well being of an elderly loved one. As it has been mentioned previously on this blog, financial elder abuse often involves caregivers. That is, today, the very people who have been assigned to ensure their emotional, financial and...
Is one form of elder abuse more common than another?
A new study published in the Journal of Applied Gerontology looked into the types and causes of elder abuse taking place. It found that financial elder abuse was the most common. California residents might be surprised to hear that according to the researchers, this...