The following is a guest post by Farid Yaghoubtil of Downtown LA Law Group According to the most recent data more than one million of our elderly experience some form of elder abuse, ranging from acts of violence, neglect, emotional abuse, sexual abuse, and fraud. However there has been little...
Tag: elder financial abuse
June 14 is World Elder Abuse Awareness Day
June 14 is World Elder Abuse Awareness Day (WEAAD). You can use this event to raise awareness by hosting a screening of An Age for Justice. Produced by NCOA and WITNESS, this short documentary tells the real story of elder abuse in America. See how to host a screening.
Psychologically Vulnerable Seniors More Vulnerable to Financial Exploitation (VIDEO)
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Psychologically Vulnerable Seniors More Vulnerable to Financial Exploitation
Financial exploitation of the elderly is on the rise according to the National Association of Area Agencies on Aging, and the numbers are expected to continue to grow as Baby Boomers age. This exploitation, which includes telemarketing scams, fake home repairs, fake check scams, identity theft and more, costs approximately...
Financial Ruin Possible for Seniors with Dementia (VIDEO)
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Financial Ruin Possible for Seniors with Dementia
A new study asserts that If seniors have to pay a higher portion of their medical costs, it could lead to their financial ruin, especially if they have dementia.åÊ There is no doubt that healthcare costs are rising and the public has to shoulder more of the burden. Various Medicare...
World Elder Abuse Day
June 15th is World Elder Abuse Awareness Day. In the United States it is estimated that elders lose $2.6 billion or more annually. The Mature Market Institute has two tip sheets to help make sure your family is protected: åÊPlanning Tips: Preventing Elder Financial Abuse for Family Caregivers and Planning...
Tips to Prevent Elder Financial Abuse
The Met Life Mature Market Institute study Broken Trust: Elders, Family and Finances takes a close look at elder financial abuse. Elder financial abuse is more prevalent than you think and the perpetrators are often family members. Today we look at tips Met Life offers to prevent elder abuse. Stay...
Elder Financial Abuse Prevalent and Family is Partly to Blame
The Met Life Mature Market Institute study Broken Trust: Elders, Family and Finances takes a close look at elder financial abuse. Elder financial abuse is more prevalent than you think and the perpetrators are often family members. Today we will look at the warning signs Met Life offers to indicate...