Older adults often depend on their close family members, spouses and/or prior planning efforts for practical and financial support as they age. The physical and mental health challenges that often accompany advanced age can leave someone unable to work to financially...
Financial Abuse
Why are elderly people susceptible to financial abuse?
Your elderly family members may have played a key role in raising you. They instilled good values and made sure you had access to everything you ever needed. In return, you want to ensure that they live out their golden years as happily as possible. The sad reality is...
State law enforcement officials warn of scams targeting seniors
Make no mistake – scammers are thieves. In many cases, they target people who tend to be trusting or at least unaware of the tricks people will use to try to take as much of their money as they can get. They often prey on people who aren’t especially tech-savvy and...
Do elderly care workers ask for tips?
Tipping culture seems to be everywhere in the United States. You certainly expect to tip the waitstaff if you go out to eat or get drinks. But there are also many stores that are now expecting people to tip workers simply for ringing up a purchase. Rideshare companies...
When elder abuse impacts real estate ownership interests
There is a misconception that elder abuse is a phenomenon that always results in physical marks on an individual. While there is no question that engaging in intentional physical aggression towards an older adult is almost always an act of abuse, there are other ways...
Who is most often targeted for financial scams?
There are many different types of financial scams out there. A Nigerian Prince emailing you about wanting to transfer money through your bank account is perhaps a cliché example, but it really just underscores how the Internet in particular has been used to perpetuate...
“Grandparent scammer” sentenced to 46 months
A man in California, who was running a so-called grandparent scam, has recently been sentenced. Due to allegations that he stole thousands of dollars directly from elderly people that he defrauded, he’s been sentenced to 46 months behind bars. The man is only 25 years...
3 warning signs of financial abuse in nursing homes
Elder abuse in the nursing home can happen in a number of ways. One of these is financial abuse. And just like other forms of nursing home abuse (physical and emotional), financial abuse can have far-reaching consequences. It is upsetting to imagine that someone...
Red flags: Adding a caretaker to a will
When someone makes an estate plan or writes a will, they can essentially choose anyone that they want to add to that will. It is true that most people choose beneficiaries who are friends, family members, or perhaps even charities or religious institutions. But there...
How to protect your aging parents from financial fraud
While scammers go after pretty much everyone, older people tend to be their favorite target. This is largely because older folks are generally more trusting, highly vulnerable and less likely to detect scams. While California, like most states, has put in place laws...