3 tips for preventing financial elder abuse

The definition of elder financial abuse is a simple one. It is any case in which a senior citizen’s finances are manipulated or misappropriated for the personal gain of another. While defining elder financial abuse may be simple, recognizing it, and preventing it, are separate matters. However, elder financial abuse can be detected if you know what to look for. Below are some tips to help elders and their loved ones spot the warning signs of financial abuse: 1. Watch out for Isolation Sadly, despite a lifetime of cultivating relationships and friendships, a person’s senior years are the ones in which they are most likely to feel the effects of isolation. Sometimes it is because they no longer drive and are stuck at home more often, or perhaps their children and grandchildren no longer feel them relevant or worthy of a visit. Regardless, isolation is a major contributor to elder

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