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Spotlight on Financial Elder Abuse

Financial elder abuse has been highlighted in the media lately, pointing towards the need to understand certain warning signs of this exploitation. In particular, the recent New York Appellate Court’s upholding of Anthony D. Marshall’s defraud conviction against his elderly mother, Brooke Astor, has focused public attention on the need to understand these important signs of elder financial abuse.

A recent Consumer Report investigation into Elder financial abuse has highlighted certain warning signs to which loved ones of the elderly should become aware. Elderly people who have become socially isolated and attached to a single person are a major warning signs. Loved ones should also be on the lookout for unpaid bills or unusual bank account activity. Financial abuse may also be suspected for large gifts given to caretakers and unusual purchases on the part of the elderly person. Changes in the personal grooming of the elderly loved one and sudden changes in documents, such as a will, may also be red flags pointing toward Elderly financial abuse.

If you suspect financial elder abuse, or fear exploitation for yourself or a loved one, The Evans Law Firm recommends to seek advice from an experienced attorney. For an attorney with experience in elder abuse cases, contact The Evans Law Firm at info@evanslaw.com or by phone 415-441-8669 or toll-free at 888-503-8267.

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