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Sep 11, 2020 by |

California and Marin County Financial Elder Abuse Attorney: Looking At The Key Factors Of Financial Elder Abuse

ATTORNEY NEWSLETTER

Factors Common To Most Elder Abuse Cases

Financial Elder Abuse Up During Pandemic

Protecting Your Older Loved Ones

Millions of older Americans live alone, or by themselves in facilities, and the lockdown meant to protect them from the coronavirus, increases their risk of abuse, especially financial elder abuse. Economic downturns also invariably lead to more financial crime and abuse, so seniors are really caught both ways. The California financial elder abuse attorneys at Evans Law Firm, Inc. represent senior victims of financial elder abuse at the hands of caregivers, financial advisors, insurance agents, trustees, and others. If you or a loved one has been the victim of any form of elder abuse call us today at (415)441-8669 and we can help.

Studies have identified six key risk factors for financial elder abuse:
 a caregiver or other with a sense of entitlement to an older person’s property or possessions, often due to financial pressures in their own life
 an older person having diminished capacity
 an older person being dependent on another for care
 a caregiver with a drug or alcohol problem
 an older person feeling frightened or intimidated by a caregiver or other person.
 an older person lacking awareness of his or her rights and entitlements

If you sense any of these factors at play in a loved one’s life, act on your instincts and change things. It may be that you need to fire a caregiver; it may be that you need to take over your loved one’s bill paying or other financial matters. Whatever you need to do, first and foremost, stay involved in your beloved senior’s life. If you think visits are still dangerous, call frequently and always speak directly to your loved one. Don’t let someone else keep them from the phone. Never ever allow a senior to grant a Power of Attorney to a caregiver. Monitor the senior’s bank accounts and credit cards and make sure their valuables are safely stored away. Closely review all their monthly statements. If you suspect a problem, call counsel.

Contact Us

If you or a loved one been the victim of elder abuse in San Francisco or elsewhere in California, contact Ingrid M. Evans and the other elder abuse attorneys at the Evans Law Firm at (415) 441-8669, or by email at <a href=”mailto:info@evanslaw.com”>info@evanslaw.com</a>. Our attorneys have experience with complex financial contracts, such as annuities and life insurance, and large insurance companies and cases involving Powers of Attorney, trusts, wills, and other legal instruments. We can help guide your case through a FINRA Arbitration, jury trial or toward an equitable settlement. We handle cases involving physical and financial elder abuse, qui tam and whistleblower law, nursing home abuse, whole life insurance and universal life insurance, and indexed, variable, and fixed annuities.

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Posted By: Jackie Ravenscroft