Has someone mis-used a power of attorney in Florida or taken a bank account in Boca Raton from your elderly relative or grandparent? Is your friend’s son- in-law or step child abusing the trust & confidence placed in them in Boca Raton? What do I do if I suspect that my elderly friend or parent is being financially exploited? What is financial exploitation? Ask any Florida trust lawyer and they will tell you that financial abuse of the elderly in Florida is a serious concern.
Florida Probate Litigation and Financial Exploitation
- If you are concerned that a relative or friend is being financially exploited, you should know that there are criminal laws in Florida that punish a person for financially exploiting the elderly.
- Financial exploitation is frowned upon to a great degree in Florida.
- In fact, the State Attorney’s Office and law enforcement have special economic crime units that can help discover and combat these crimes.
- A probate litigation lawyer can tell you that there are also civil remedies under Florida Law that can be used to recover damages or properties that have been through financial exploitation.
- But the problem for some Florida estate lawyers is that, sometimes, a family member is the financial predator.
- Probate attorneys in Palm Beach do their best to understand a client’s needs and, as they age, how their estate plan may or may not be changed or altered over time.
- Changing who inherits from your Delray Beach estate is just one way a financial abuser or predator can try to get your money.
- Sometimes, it is the financial abuser or financial predator who really caused the elderly client Florida senior citizen to go to a new Palm Beach estate lawyer and change his or her estate plan: in favor of the one who is doing the financial exploitation.
Man in Missouri Steals More Than $500,000 From Elderly
- According to media outlets, such as the St. Louis Post-Dispatch, a man has just plead guilty to nine counts of financial exploitation of the elderly and stealing by deceit.
- He admits to taking a total of $517,500 from nine elderly people who believed he was going to invest their money for them.
- To read the entire article, click here.