The Paley Rothman Blog
Paley Rothman shares this library of resources with clients and friends of the firm to help them stay ahead of legal and business developments and trends. Here, you will find helpful tips and tools written by our attorneys.
Seniors are increasingly targeted by sophisticated scam artists seeking access to identity information, bank accounts, credit cards and other assets. So what are the most prevalent financial scams perpetrated on the elderly and what should you be alert and on the lookout for?
The dusty, yellowing binder that holds your aging Will is sitting on your bookshelf or in a fireproof safe. Your eyes occasionally pass over it as you look for something else and you wonder “What do those documents even say?” before you move on to more pressing matters. To honor National Estate Planning Awareness Week, Paley Rothman is giving you 5 reasons to pull that dusty binder off your shelf and take a look.
By now you hopefully realize that elder financial abuse is a serious, growing issue. We have told you what elder financial abuse is, why it’s a problem, who is at risk, what the causes and warning signs are, who is committing the abuse and why it often goes unreported. So what do you do about it?
So far we have looked at what elder financial abuse is, why it’s a problem, who is at risk, and what the causes and warning signs are. Now we need to explore who is committing the abuse and why it often is not reported.
Yesterday we looked at why elder financial abuse is a growing problem and who is at risk of becoming a victim. Today we identify the more common causes of elder financial abuse and the warning signs to look out for.