When many Long Island residents think of elder abuse, they may think of
senior citizens being abused and neglected in nursing homes. However,
financial abuse is quite common as well. Many elderly people are vulnerable
to scams and deception by those trying to take advantage of their assets.
This is why careful
estate administration is recommended.
Although many senior citizens are exploited by those they do not know,
more and more are taken advantage of by close family members. The very
family member entrusted to act as one's financial power of attorney
can end up squandering away the money or even stealing it for his or her
own use. Therefore, it is important for a person to carefully choose who
he or she wants to act as power of attorney.
For those choosing an in-home caregiver, it is important to take necessary
steps to keep the home secure. Lock up jewelry, cash, documents and other
important valuables. It is also a good idea to conduct a background check
on the individual, if it is allowed. A surveillance camera may also be
Elderly people are often targets for scams because they often live in isolation.
They may enjoy the attention they receive from callers asking for personal
information. In addition, they are often more trusting than others and
have no problem divulging financial and personal information.
Elder abuse laws vary by state, so it is important for people to take legal
action if they believe their loved one was a victim. It is never acceptable
to misuse a person's money and other assets, even if he or she is
Source: News-Sentinel, "Prevent elder financial abuse by those you know,"
Dec. 24, 2012