Even in our small corner of the world, we see adults who are vulnerable to financial exploitation. That is one reason we work hard to ensure our senior clients are acting independently from the wishes of their adult children. We meet with our clients separately from their caregivers, and we meet them more than once before finalizing any changes. This protects everyone and is never meant to infer suspicion!
Be aware and informed for both your family and your senior friends and neighbors.
June 15 is World Elder Abuse Awareness Day. Knowing the warning signs is important, whether it’s happening to someone you care for, a friend, or you. To spot financial elder abuse, look for sudden changes like:
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Suspicious changes in wills or Power of Attorney
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Bills not being paid
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Unusual withdrawal patterns
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Excessive “voluntary” payments for care and companionship