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<\/a><\/h2>\nIt is estimated that five million seniors fall victim to financial abuse each year.<\/h3>\n
Getting a more precise picture of the extent of the problem is difficult because many seniors are unaware that the financial abuse<\/strong> is taking place, while others are unwilling to report it out of embarrassment or fear for their safety. What is financial abuse (also known as material exploitation)? It is defined as the illegal or improper use of an elderly person\u2019s funds, property, or assets. Examples of this type of abuse include, but are not limited to:<\/p>\n (Related: There are Limitations on Special Needs Trusts<\/a>)<\/p>\n Cashing an elderly person\u2019s checks without authorization or permission<\/p>\n<\/li>\n Forging an older person\u2019s signature<\/p>\n<\/li>\n Misuse or theft of an older person\u2019s money or possessions<\/p>\n<\/li>\n Deceiving or coercing an older person into signing any document (such as a contract, will, title, etc.)<\/p>\n<\/li>\n<\/ul>\n The improper use of conservatorship or power of attorney<\/p>\n<\/li>\n<\/ul>\n Maybe you suspect that an elderly family member or (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" \u00a0 It is estimated that five million seniors fall victim to financial abuse each year. Getting a more precise picture of the extent of the problem is difficult because many seniors are unaware that the financial abuse is taking place,…<\/span><\/p>\n\n
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