Many elderly California residents have individuals who handle their finances for them. Many times older individuals have difficulties dealing with the public in general, and many are actually incapable of handling their own financial affairs. This creates a real...
Your elderly family member uses their savings to provide for their needs, which is why you may be worried that someone will take advantage of their situation and steal from them. Unfortunately, financial abuse is common, and anyone can take your loved one’s money if...
While Californian adults of almost any age can potentially be targeted for financial abuse, most often, the victims are senior citizens. Elderly people, whether here in Newport Beach or elsewhere in the country, can be particularly vulnerable to this form of abuse....
Financial abuse of the elderly is not uncommon. Sadly, and not surprisingly, abusers usually are family members, caregivers or trusted friends. These people already play a role in their lives. They have been inside their homes, likely have a key to enter and know...
As people in California age, it might be hard for them to effectively manage their finances. In these types of situations, a judge typically appoints a conservator or trustee. This person’s role is to help someone else manage their money. Unfortunately, someone in...
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...
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...
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...
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...
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...