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Home » Beware Of Financial Abusers

Beware Of Financial Abusers

July 4, 2012Elder Law, Incapacity Planning

As you get older you face certain potential challenges, and though some of them are rather unsavory, it is important to keep your head up out of the sand and keep yourself informed.  With this in mind you would do well to recognize the widespread plague of elder financial abuse.

This problem was brought out into the open not too long ago via the case of legendary actor Mickey Rooney.  He has stated that he has been victimized by his stepchildren, and the abuse is alleged to have extended beyond purely financial matters and into the realm of verbal and emotional abuse.

As you reach an advanced age you may well need assistance with your day-to-day needs, and while the majority of caregivers are well-meaning family members, friends, or professionals there are always some bad apples out there.

Making sure that you are surrounding yourself with truly trustworthy individuals is part of the solution.  Discussing the possibilities that may lie in the future with trusted family members in an open and transparent manner long before you are in need of frequent assistance is useful to this end.

Though a high percentage of these cases are perpetrated by people who have the trust of the victim seniors are frequent targets of predatory scam artists as well, and this is another thing to take into consideration.

Expert guidance can be of great value when you are planning for the eventualities of aging and the various dangers that may present themselves.   If you would like to discuss the future with an experienced professional, take action right now to arrange for an informative consultation with a seasoned, savvy Indianapolis elder law attorney.

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Paul A. Kraft, Estate Planning Attorney
Paul A. Kraft, Estate Planning Attorney
Paul Kraft is Co-Founder and the senior Principal of Frank & Kraft, one of the leading law firms in Indiana in the area of estate planning as well as business and tax planning.

Mr. Kraft assists clients primarily in the areas of estate planning and administration, Medicaid planning, federal and state taxation, real estate and corporate law, bringing the added perspective of an accounting background to his work.
Paul A. Kraft, Estate Planning Attorney
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