Detecting and Defending Financial Elder Abuse

By JDsupra Business Advisor 04/14/2016

“…It is estimated that six million seniors are subject to financial elder abuse each year. Financial elder abuse can take many forms: deceptive advertising for products with hidden charges or that simply do not work as promised; outright shams by con artists preying on seniors with diminished capacity; theft by family members, including caregivers; as well as family members who force a victim into changing his or her wills, trusts, durable powers of attorney and titling on bank accounts. …”