What to Know About Elder Financial Exploitation Cases in CA

wallet and money

There are few things worse than taking advantage of an elderly person. Elder abuse can come in many forms, and financial abuse is one of them. Please continue reading and reach out to our knowledgeable and skilled California elder financial exploitation lawyer to learn more about these cases and how our legal team can help if you suspect you have one on your hands. Here are some of the questions you may have:

What is elder financial exploitation?

Elder financial exploitation typically occurs when 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 benefit financially at the expense of the elderly person they’re supposed to be helping. That said, you should note that at times, elder financial abuse can even occur between family members, such as when someone in charge of managing an incapacitated relative’s funds misappropriates those funds for their own gain.

What are the most common signs of elder financial exploitation?

Financial exploitation is more difficult to spot than other signs of elder abuse, however, if you are vigilant, you can keep an eye out and potentially put a stop to the behavior. Some of the most common signs of elder financial exploitation are as follows:

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

What is the time limit on elder abuse claims in California?

When someone suspects that an act of elder abuse occurring, it is critical that they take prompt action to document and report the incident(s). It is also paramount that you retain the services of a competent California elder abuse lawyer who has significant experience handling cases of financial abuse. Fortunately, you’ve come to the right place, and our firm is here to help.

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.