ATTORNEY NEWSLETTER

Financial Elder Abuse: Underrecognized and Underreported

Financial Elder Abuse

Financial elder abuse seems to be a crime that is only getting worse as the years fly by. Financial elder abuse costs the government some billions of dollars per year, and it can put an elder and a family out hundreds of thousands of dollars. If you or someone you know is the victim of financial elder abuse in California, call Evans Law Firm today at 415-441-8669.

Reporting

Financial elder abuse is dangerous, especially because it is consistently ranked as one of the most underreported crimes in the country. While there may be many reasons for this, one of them might be that oftentimes the offenders of financial elder abuse are the victim’s family members. This can make pressing charges and filing lawsuits difficult. For example, in a recent case, a senior’s house was sold by her son out from under her, and he used the proceeds to go on vacation, buy a new home, and purchase a car. These are not atypical financial elder abuse crimes; in fact, this is often what we see.

Protect Yourself

Protection is the name of the game when it comes to elder abuse. For starters, we recommend not giving out your personal banking information to anybody, family members or not. Additionally, be sure to have a network of people. Isolation is often the first step of abuse. Lastly, never be afraid to report an incident that you think may be constituted as elder abuse. These crimes are serious, and they should be treated as such.

Contact Us

If you or a loved one been the victim of financial elder abuse in Marin County, or in any California county, contact the Evans Law Firm financial elder abuse attorneys at (415) 441-8669, or by email at info@evanslaw.com. Our attorneys have experience with complex financial contracts and large insurance companies. We can help guide your case through a 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.