Many elderly individuals will suffer from either physical impairments or cognitive declines at some point in their lives. These may leave them vulnerable to those who prey on the elderly for financial gain. Financial abuse can take on various forms and is often...
When you think about putting a loved one into a nursing home or having someone take over caring for them, one thing you need to be cautious of is financial abuse. Unlike physical, medical or mental abuse, financial abuse involves a situation where one party takes...
Seniors often unsuspectingly fall prey to fraud. Their fraudsters can take on many different shapes and forms, from overseas scammers who prey on their fears to those nearest and dearest to them who pretend to have their best interests at heart. This commonly occurs...
If there's one thing that you should know about con artists, it's the fact that they don't discriminate among their victims. They'll take advantage of virtually anyone who seems like an easy target. Sadly, fraudsters often single out senior citizens as their...
As your parents age, you will likely have to help them more. You may need to watch over them and provide care to them to ensure they are safe and healthy. One additional thing you will want to do is to protect them from financial scams. Financial scams often target...
It is normal to be concerned about senior loved ones. Along with worries about their health and security, you may also have concerns about their finances. According to the AARP, the elderly are often targets of financial exploitation, especially those who experience...
Financial abuse can happen to anyone, but elderly people are often more susceptible to scams and exploitations. Keeping a careful watch for signs of financial abuse can help your loved one avoid losing his or her life savings. Emotional coercion According to the...
In nursing homes, abuse occurs in many different ways. Some residents are subjected to physical or verbal abuse, while others are sexually abused. Moreover, abuse also includes financial wrongdoing and many people living in nursing homes are especially vulnerable in...
There are many types of abuse, but one form that is not given as much attention is financial abuse. Financial abuse is when one person has financial control of another and withholds money from the victim of the abuse. In particular, financial abuse of the elderly is...
When people think about the consequences of financial abuse, they often focus on the economic hardships that victims face. While these are definitely very hard for those subjected to financial abuse, it is important for victims and their loved ones to understand other...
