There are some issues that are not especially comfortable to address and they often get swept under the carpet as it were. But in reality the more that is said about them the better because things that take place in the shadows can go on indefinitely. This is true of elder financial abuse.
This is a very delicate subject and there are multiple different facets to it. On the one hand there are people who target senior citizens who do not know the elders that they are approaching. Con artists and people who are perpetrating scams often consider senior citizens to be easy marks. This is part of the problem.
Disturbingly, a very high percentage of cases of elder abuse are not cons or scams perpetrated by predators. Family members and people otherwise known to the victims are often the abusers.
In a lot of cases elder Americans need assistance. Family members, neighbors, or so-called friends will often step in to provide help. For example, a relative may shop for a senior who has trouble getting around. This individual may overcharge the senior citizen consistently and take advantage in this manner.
This is just one example but you can imagine the various different ways that people who are close to someone could take advantage of this trust and proximity to steadily skim money.
Elder financial abuse is a source of concern, but there are things that you can do to protect yourself. If you would like to explore them while creating a comprehensive plan for aging, the first step is to sit down and discuss your future with a licensed and experienced Indianapolis elder law attorney.
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.