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Nov 5, 2020 by |

Alameda County and California Elder Abuse Attorney: Some Red Flags Of Financial Elder Abuse

ATTORNEY NEWSLETTER

Learn About Some Red Flags OF Abuse

Recurring Patterns In Elder Abuse

Act On Any Suspicion

Elder financial abuse affects thousands of seniors here in California every day.  Their financial predators may vary from in-home caregivers to insurance agents and stockbrokers and on to trustees, financial advisors, and persons acting with a senior’s Power of Attorney.  The financial fallout and personal toll can be devastating.  Whenever you suspect financial abuse of an older loved one in Alameda County or anywhere else in the Bay Area or throughout California, call the elder abuse lawyers at Evans Law Firm, Inc. today at (415)441-8669 and we can help. 

Learn A Few Red Signs

Although the financial elder abuse can come from almost any direction and can be hard to detect at first, there are a few red flags that almost invariably point to abuse:

  • A stranger begins to take a great, almost daily interest in an older person’s affairs, often under the guise of “helping.”
  • A senior opens a new bank account maybe at a bank or location where they have never banked before.
  • Changes to beneficiary designations on bank accounts or life insurance policies.
  • Sudden changes to Wills or a trust or a new trust is created that is nothing like any estate plan the older person ever had before.
  • The senior works with a new lawyer or financial advisor whom they have never used before to make some unexpected change to their estate plan.

Red Flags With Stroke Or Dementia Victims

If a loved one has suffered a stroke or is losing cognitive abilities due to the onset of dementia, be particularly vigilant about any red signs.  Our litigators have seen instances where someone arranges for a senior to change a Will, trust or Power of Attorney right after a senior has suffered a stroke or is showing signs of cognitive impairment.  Whenever important, new documents are signed right after a stroke, serious diagnosis or a tragedy (loss of a spouse, for example), those documents may very well be part of a scheme of financial elder abuse   This is a real red sign, and reach out to elder abuse counsel like the litigators at Evans Law Firm on any such suspicious activity.

Contact Us

You know your senior loved one best, and there may well be other red signs, like behavioral changes or changes in a set routine, that may cause you to suspect abuse or that something is very wrong.  If you do suspect that anything is wrong or that there may be financial elder abuse, call Ingrid M. Evans and the other elder abuse attorneys at Evans Law Firm, Inc. right away.  Elder abusers strike quickly and can inflict real harm in a very short amount of time.  If you need help, call us at (415) 441-8669, or email us at info@evanslaw.com.

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