Category: financial elder abuse

ATTORNEY NEWSLETTER Broad Authority Over All Financial Matters Risk Of Theft Remedies For Injured Seniors Powers of Attorney (POAs) are important and powerful legal documents that grant the agent appointed under the POA full legal authority to act for the principal who executes the POA.  There are powers of attorney […]

ATTORNEY NEWSLETTER Unauthorized Credit Card Use Victim’s Family Spots Suspicious Charges Protecting Older Loved Ones From Financial Elder Abuse Stealing a senior’s debit or credit cards and making unauthorized charges are a common form of financial elder abuse.  Whenever a dishonest caregiver or other stranger enters a senior’s home or […]

ATTORNEY NEWSLETTER Disadvantages For Seniors Penalties For Exiting Deferred Annuities Commissions, Fees, And Withdrawal Penalties Whenever an insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Indexed annuities, like most deferred annuities, impose withdrawal penalties, […]

ATTORNEY NEWSLETTER Caregiver Fraud/Caregiver Theft On Elderly Victim Forged Checks Alleged Preventing Caregiver Fraud While all seniors are potential victims of financial elder abuse, those who are alone and under the care of an in-home caregiver are particularly at risk if the caregiver is a dishonest person looking to take […]

ATTORNEY NEWSLETTER Broad Powers Of A POA Risks Of Abuse Remedies For Injured Seniors Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, and medical powers of attorney, known in California as an Advance Health Care Directives (AHCDs), grant authority over medical decisions and health care […]

ATTORNEY NEWSLETTER Case Example Of Caregiver Fraud Falsified Checks Alleged Preventing Caregiver Fraud Falsification of time sheets by paid caregivers is one of the ways dishonest caregivers financially exploit older persons. Altering their paychecks to make them greater is another.  Using debit and credit cards repeatedly is yet another.  Outright […]

ATTORNEY NEWSLETTER Case Example Of Caregiver Fraud Dementia Victim Protecting Seniors From Caregiver Fraud While theft from any person is a crime, when the victim is over 65 any theft is also criminal financial elder abuse and grounds for civil liability against the person who took the property. According to […]

ATTORNEY NEWSLETTER Redirecting Victim’s Pension And Social Security Benefits Online Access To Benefit Profiles And Deposit Instructions Protecting Seniors From Caregiver Fraud Dishonest caregivers with internet access may gain access to a senior’s pension or Social Security benefit profiles with just a few pieces of important information like the senior’s […]

ATTORNEY NEWSLETTER How Powers Of Attorney Used To Steal From Seniors Case Example Of Financial Elder Abuse By power Of Attorney Abuse Remedies For Victims And Heirs Individuals with financial powers of attorney (POAs) for someone else have full legal authority over that person’s financial affairs, unless the instrument limits […]

ATTORNEY NEWSLETTER Case Example Of Alleged Caregiver Fraud Prior Criminal History Alleged Preventing Caregiver Fraud/Caregiver Theft Financial elder abuse has become a national epidemic. As many as one in 10 vulnerable adults are potential targets, according to federal officials, and their financial predators are most often caregivers or other persons […]