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The following article was published in our article directory on March 16, 2018.
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Article Category: Legal
Author Name: Jeffrey R Loew, Esq.
Older people tend to be more prone to monetary exploitation by the folks surrounding them. Sad to say, numerous close relatives tend to not be aware that their mom and dad or grandfather and grandmother are affected individuals of financial exploitation. Read on to find out about the slippery crime of senior neglect and ways to safeguard your loved one.
Identifying Elder Abuse
As a person becomes elderly, he or she begins to be a little more vulnerable to the risk aspects that could be utilized to carry out the mistreatment. An elder person might begin to develop dementia, Alzheimer, or other condition that could rapidly render them a target of economic exploitation.
The signals of economic misuse are the following:
* Mysterious withdrawals from savings accounts of the aging seniors
* Elder's debts remain delinquent
* A perfect stranger spending time with the senior
* The senior is regularly paying for the new-found acquaintance
* Trust management is entrusted to as stranger
* Financial statements of the elder are missing
* The senior is appearing bewildered, stressed out, or even terrified
What is Financial Elder Abuse Litigation?
Elder abuse litigation is a legal profession focusing on the options regarding financial exploitation, neglect, and physical abuse of an elderly. This also deals with subjects connected with skilled nursing facility responsibility, protection requests, medical professional responsibility, and board and care facilities responsibility.
Nonetheless as opposed to abusive mistreatment, the economic abuse of aging folks is more complicated to detect, and it regularly happens in a domestic environment or within the household. It is destructive that close family, friends, and caregivers tend to be the cause of the exploitation.
Economic neglect may include fiduciary, material, or financial exploitation. Including activities like forging signatures, cashing checks without the approval of the elder, taking items or money, and coercing senior citizen to sign deals.
Besides the individuals that are meant to behave in the elder's best interest, one more factor that complicates the scenario is the insufficiency of elder law. In several states in the United States, the law automatically shields the aging seniors\senior citizens.
But, other places only safeguard the incapacitated or vulnerable elder.
So, how can you protect your loved one? Here are some steps you can follow:
Be vigilant and watch for the signs of mistreatment.
Elder abuse has been around for several years and is considered one of the most significant societal problems. People who have ill intentions often coerce or exert undue influence on a senior citizen for financial exploitation.
Since mental decline is one of the factors that make an aging person vulnerable to elder abuse, close and trusted relatives should be present during the signing of documents about finances, properties, and health management.
Elders living far from relatives also make them an easy target for strangers seeking financial gain. Visit your loved one every now and then, pay attention to new friends, and observe changes in his or her behavior.
Contact experienced lawyers.
If you suspect financial abuse, your elderly relative has legal rights that can be afforded to him or her. There are elder law attorneys who are available to discuss the need for estate planning, guardianship and rights of your loved one.
A family member of the victim can also file a lawsuit and ask the court to revoke any designation or transfer of an asset, which was the result of force or unwarranted influence. If the court finds that the deceased was mentally unstable to make the transfer of trust or property disposition, the will or trust will be void.
In case there is elder abuse, hire a seasoned trust & estate litigation lawyer to dispute the individual who coerced your loved one. Retain an attorney who has immense knowledge of will & trust, claims, and estate cases.
Keywords: Probate Administration | Probate Litigation | Estate Planning | Estate Litigation | Wills & Trusts| Trust & Estate Litigation | Trust Administration | Elder Abuse Litigation|Civil Litigation
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