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Elder Financial Abuse Awareness

World Elder Abuse Awareness Day is June 15.  Learn the signs of elder financial exploitation to keep your loved ones protected.
 
Warning signs of financial exploitation
  • Sudden changes in accounts or banking practices, including an unexplained withdrawal of large sums of money by a person accompanying the older adult
  • The inclusion of additional names on an older adult’s bank signature card
  • Unauthorized withdrawal of the older adult’s funds using their ATM card
  • Abrupt changes in a will or other financial documents
  • Unexplained disappearance of funds or valuable possessions
  • Provision of substandard care or bills left unpaid despite the availability of adequate financial resources
  • Discovery of a forged signature for financial transactions or for the titles of the older adult’s possessions
  • Sudden appearance of previously uninvolved relatives claiming their rights to an older adult’s property or possessions
  • Unexplained sudden transfer of assets to a family member or someone outside the family
  • The provision of services that are not necessary
  • An older adult’s report of financial exploitation
  • Unexplained credit card charges

Source: https://www.justice.gov/elderjustice/red-flags-elder-abuse