Financial Exploitation of an Elderly Person in Florida
Financial exploitation of an elderly person in Florida. Why trustees and guardians need to be aware? And why family members need to be aware about a civil remedy.
That's right. If you’re a family member and your elderly mom or dad has been financially abused or exploited by somebody, there's a civil cause of action that you can have against the wrongdoer. And that can include trustees and guardians.
Read 825.103. It’s a Florida law directly on-point, trying to protect our elderly persons in Florida from financial exploitation. And it specifically talks about breach of fiduciary duty. So if you’re involved in a trust with a trustee or a guardian with an elderly person, know your financial rights.