The warning signs of financial abuse

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Following are some signs that financial elder abuse may be occurring:

  • Senior is not allowed to spend money the way the senior wants
  • Senior’s bills are not paid on time even though the senior has financial resources to pay bills
  • Senior is forced to sell or give away property
  • Senior is forced to sign over Power of Attorney
  • Senior is offered care in exchange for property or access to bank accounts
  • Senior’s account shows activity the senior couldn’t have done, such as making an ATM withdrawal when the senior is bedridden
  • Senior’s financial situation suddenly changes
  • Senior’s account shows significant withdrawals
  • Senior suddenly changes title of property to someone else
  • Senior’s belongings are missing
  • Senior’s will is suddenly changed
  • Senior’s bank account shows unusual activity
  • Senior makes changes to financial decisions but seems incapable of comprehending those decisions
  • Senior is isolated from friends and/or family
  • Senior is afraid to speak in front of caregiver/companion/family member

THIS CAN HAPPEN TO YOU!  STATISTICS DON’T LIE, FAMILIES ARE THE BIGGEST ABUSERS !

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