Financial exploitation (also referred to as “financial abuse”) of elders has become an all too common phenomenon frequently perpetrated by family members, friends, caregivers, “lovers” or other trusted persons. When lecturing on this topic and asking attorneys in attendance if they’ve encountered financial elder abuse in their practice, a show of hands typically reveals that about one third have encountered some form of such abuse. The manipulation of elders to
Financial Elder Abuse/Exploitation: An Epidemic?
What should estate planners be aware of, and what can they ethically do?