Elder abuse is a
topic that is gaining importance in today’s world. The elder abuse law is very
stringent in the US .
However there are several cases of abuse that are not reported due to fear,
ignorance and lack of support. One of the most common forms of elder abuse is
financial elder abuse.
Financial abuse
Financial abuse
is also called material exploitation and involves misuse of the elders’ assets,
property and money. This includes forging of signatures, stealing money or
other possessions for misuse, getting documents like wills and inheritance
documents signed through deception and improper use of power of elder abuse attorneys or
guardian ships.
Signs of financial abuse
The common
indicators of an abuse are many. They include disappearance of money and other
possessions without reason, withdrawals from bank ATM's which cannot be
explained, changes in documents like wills and bank statements, signatures that
are suspicious, bills that are not paid and several others.
People who inflict abuse
People who
inflict financial abuse on the elderly are usually close members of family
including children, grandchildren, spouses and others. The help of a good elder abuse attorney in Los Angeles can resolve such cases. Some others may take up jobs as caretakers or
attendants while others find vulnerable people by scanning the newspapers or
studying their neighborhood.
In some cases
financial exploitation by strangers is also common. Some of them include demand
of money for any repair work, false claims of relief funds after natural
disasters, telemarketing scams and others. Some professionals working in banks,
hospitals and other places that the elders visit frequently also play a big
role in financial abuse.
Effects of financial abuse
The long term
effects of financial abuse on the elders are heartbreaking. The help of an elder
abuse attorney is the first step towards resolving a case of abuse. The victims
feel insecure and financially incapable after an abuse. They become depressed
and lose their trust in themselves and others. They feel ashamed and a sense of
guilt, anger and worthlessness takes over.


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