How can seniors prevent financial abuse?
Seniors are sometimes the targets of choice for dishonest people. The perpetrators of elder abuse in California may be relatives of the family, children, grandchildren and friends. Professionals like caregivers, insurance brokers or financial advisers also may try to take advantage of the weaknesses or credulity of elders. Especially when the person is alone. As on the Savannah, a lone gazelle becomes an easy prey for lions.
It is not a reason to be paranoid or forgo your trust in anybody: however, the best way to avoid this financial abuse is to be aware and take control of your information. You never have to give your credit card or your password to anyone, unless if you are certain you can trust the person. Never give access to your bank account online. And every month, check your bank statements or ask to a family member or friend you trust to give you a backup of your financial situation. The more you will be surrounded by people you trust, the less you will have risk being abused.
Occasionally it is too late, the lion took your money and ran far away with it. At this time, you have to contact an attorney who is focused on financial elder abuse. They could assist you in taking back your money and in preventing financial elder abuse in the future. Sometimes, these financial predators have a history of abuse elder and you may not be the only victim. By holding the responsible party accountable, you can help curtail the spread of elder abuse.
Evans Law Firm handles elder financial and physical abuse cases, annuity, insurance, and whistleblower fraud, whistleblower cases, nursing home abuse, and IRS and SEC fraud. We can be reached by phone at (415) 441-8669, or by email at info@evanslaw.com.
