Millions of Dollars are Taken From the Elderly Through Financial Exploitation

What is financial exploitation in Florida probate or guardianship litigation?Are your parents being financially exploited? How do you know? How can you protect your loved ones from financial elderly abuse? Can a Florida guardianship keep my grandmother safe? When should I hire a guardianship lawyer?

Exploitation of the Elderly

• Unfortunately, financial abuse and exploitation, especially of the elderly, has become prominent in today’s society.
• An article in The Indianapolis Star quotes a 2011 MetLife Study of Elder Financial Abuse, which states that, “nationally, older adults lose about $2.9 billion each year through financial abuse and exploitation.”
• Many times, the person who is financially exploiting the elderly person is a caretaker or family member.
• Guardianship lawyers Boca Raton know that this can make the situation very complicated and difficult.
• Probate litigation attorneys in Miami and West Palm Beach regularly deal with cases of elderly exploitation.
• Have you spoken with a Florida probate lawyer about how to set up Palm Beach trusts and a Florida guardianship, which can protect your elderly loved ones?

Caregiver in Indiana Financially Exploits an Elderly Woman

• The Indianapolis Star reported, on January, 17, 2016, that a caretaker in Indiana financially exploited the elderly woman that she was hired to take care of.
• She spent over $150,000 of the elderly woman’s money and even paid for her divorce on the elderly woman’s credit card!
• To read the entire article regarding the financial exploitation of a 79 year old woman, click here.