Elder Financial Exploitation in California | Here’s What You Should Know

wallet and money

Unfortunately, there are instances where someone you may have trusted turns their back on you and takes financial advantage. If you or a loved one has faced financial exploitation, do not wait to retain the services of a skilled California elder abuse lawyer as soon as possible. Our firm is on your side no matter what. Give us a call today.

What is elder financial exploitation?

Elder financial exploitation generally happens in the event that one person is placed in a position of trust, such as a caregiver or an assisted living staff member, and that person uses their position of power to profit financially at the expense of the elderly person they are believed to be helping. With that being said, you should recognize that at times, elder financial abuse can happen between family members, such as when someone in control of operating an incapacitated relative’s funds steals those funds for their own profit.

What are the most common signs of elder financial exploitation?

Financial exploitation is more challenging to detect than other signs of elder abuse, however, if you are alert, you can be more cognizant and potentially put a stop to the conduct. Some of the most typical signs of elder financial exploitation include the following:

  • Finding unpaid bills or forged checks
  • Realizing that your loved one’s possessions have gone missing
  • Caregivers asking you or your loved one pressing questions about their finances
  • Strange, out-of-character purchases on your loved one’s credit card
  • Discovering contracts or agreements signed in your loved one’s name when your loved one does not have the mental capacity to consent to these things on their own

What is the deadline on elder abuse claims in California?

In the event that an individual suspects that an act of elder abuse happening, it is essential that they take immediate action to record and report the incident(s). It is also crucial that you hire the services of a competent California elder abuse lawyer who has substantial experience handling cases of financial abuse. If you are in this unfortunate situation, look no further than Cowdrey Jenkins, LLP. Our legal team has the knowledge and experience required to ensure that your loved one is protected. Give us a call today to discuss the details of your case and your options. We are on your side.

Contact our experienced California firm

Here at Cowdrey Jenkins, LLP, we have significant experience representing clients through a wide array of elder abuse matters, and we are prepared to assist you as well. No one should have to face the issue of elder abuse on their own. Contact us today to learn more about how we can guide you through each facet of the legal process ahead.