“Elder Law: One Out Of Twenty Older Adults Will Become Victims of Financial Exploitation”

Taking advantage of vulnerable people is not a new problem, but it has become a growing problem with the elderly as baby-boomers turn 65 in larger numbers than we’ve seen before. The Institute of Gerontology at Wayne State University is hard at work developing an assessment process that professionals who work with senior citizens can use to measure which seniors are most at risk. In the meantime, understanding how and why elderly adults become victims of financial exploitation, staying alert to the signs of exploitation, and knowing the profile for a typical perpetrator can help care-takers as they care for older adults.

Here’s a link to an article on the subject and a powerful documentary called Last Will and Embezzlement that goes a long way to helping us prevent it.

(Article) From USA Today/Detroit Free Press     http://www.usatoday.com/story/money/personalfinance/2013/09/23/financial-elder-abuse-documentary/2851249/

(Website for the documentary)     http://www.lastwillandembezzlement.com

ALL READERS:  This blog is not, nor shall it be deemed to be, legal advice or counsel. This blog does not create an attorney-client relationship with any reader.  It is designed to encourage thoughtful consideration of important legal issues with the expectation that readers will seek professional advice from a licensed attorney.