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...
Tag: report elder abuse
Elder Financial Abuse Spikes 12% Since 2008
Older Americans are losing $2.9 billion annually to elder financial abuse, a 12 percent increase from the $2.6 billion estimated in 2008, according to äóìThe MetLife Study of Elder Financial Abuse: Crimes of Occasion, Desperation, and Predation Against America’s Elders.äó Crimes involving strangers made up more than half (51 percent)...