Elder financial abuse. It has been called the “crime of the century” and involves a broad spectrum of crimes against those aged 65 or older. Some examples of elder financial abuse are:
- Taking money or property
- Forging an elderly person’s signature
- Using an older person’s property or possessions without permission
- Getting an older person to sign over property via a deed, will, trust, or power of attorney, through deception, coercion, or undue influence
Sadly, many abusers are family members, perhaps a child with a substance abuse problem, or one with a sense of entitlement. There are also unscrupulous professionals who may overcharge for products, or who use their positions of trust to gain compliance. Other predatory exist, as well: predators who seek out vulnerable seniors with the intent to exploit them.
The elderly are attractive targets for a variety of reasons. They control the vast majority of the nation’s wealth, yet fail to realize the trust value of their assets. The elderly are likely to have disabilities resulting in their dependence on others. Predators assume that, because the elderly can be frail, that they will not survive long enough to follow through on legal interventions.
If you are caring for, or involved with, an elderly person on any level, be on the lookout for some of the signs that elder financial abuse may be occurring. Some of these signs are as follows:
- Unpaid bills, eviction notices, or notices to discontinue services
- Withdrawals from bank accounts that the older person cannot explain
- New “best friends,” especially those who want to keep you from your loved one
- Legal documents, such as powers of attorney, which the older person did not understand at the time he or she signed them
If you suspect elder financial abuse, please do not be silent. The National Center on Elder Abuse’s website has links to each state’s resource directory, which will include a Helpline to report suspected elder abuse, neglect, or exploitation. If you have any questions about this, or simply need additional support, please call or email me. It is my honor to serve you and your loved ones.
Cheri Elson, J.D.
Gray Matters Consulting
To read more on this subject:
Elderly Financial Abuse Exploitation and Prevention
Preventing Elder Abuse
Elder Financial Exploitation: National Adult Protective Services Association
Financial Exploitation of the Elderly
What is Elder Abuse?
I recently came upon an interesting article by Leslie Finkley bringing light to the fact that what is an interesting and engaging activity to a woman, may not be so interesting or engaging to a man. In the world of senior community living, women rule, and the majority of activities planned are done with them in mind, leaving the men less than thrilled.
When looking to engage and connect with men, here are a few suggestions Leslie provides to help match activities with character traits:
The Director: Likes to be in Charge
These might be men who worked in positions of authority and leadership. Peruse catalogs with them, asking their advice on what to purchase and generally seeking out their wisdom.
The Builder: Likes to be Productive
Builders can be described as engineers, or men who were creative in art and music, or who always had a project going on around the house. Look for activities that end with a finished product and which involve using their hands or movement.
The Provider: Likes to be Needed
This is someone who provides support, safety, stability, or counsel. The best activities for a Provider are ones that allow the person to give back. Ask for their help.
The Explorer: Likes to be Challenged
Explorers are likely people who were entrepreneurs or scientists, those who were competitive in their business, or those who enjoyed planning adventures. Investigate the world with them by having an adventure in the backyard or somewhere he can be curious and discover new things.
Of course, no gender carries a specific characteristic or interest exclusively and these ways of connecting can be helpful with anyone.
Cheri Elson, J.D.
Gray Matters Consulting
To read the full article:
Activities on Spending Time with Men
What do you need to know if you, or someone you love, have been diagnosed with dementia? What documents should be in place and when should they be prepared? There are so many questions surrounding dementia or any kind of cognitive decline.
Join me at OLLI on 9/20/16 and 9/27/16 and learn the answers to these questions and more. During an informative and empowering two-part presentation, we will look at:
– Roadmaps designed to help families address dementia before and after diagnosis
– The documents needed to make sure your health care and legal desires are properly stated, looking closely at advance directive language geared specifically for dementia and the inevitable challenges related to living with this illness
Call (541) 552-6048 for more information
Or register online at www.sou.edu/olli
OLLI Class Flyer