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?
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.
In yesterday’s blog we outlined our plan for participating in World Elder Abuse Awareness Week with an introduction of the issue, an overview of the topics we planned to cover, and the definition of elder financial abuse. Today, we’ll discuss why elder financial abuse is a problem and who may be at risk.