Unfortunately, Elder Financial Abuse Is Often Overlooked

Written By Admin on Jumat, 26 Juli 2019 | 07.08

By Timothy Stevens


For lack of knowledge, people have their opinion about the exploitation of the elderly. The assumption by many is that abusing the aged is abandoning them or being disrespectful. Physical mistreatment has also been witnessed in society. Other than all these, elder financial abuse is another form of exploitation that seems to be taking shape in the modern world. However, it is often overlooked.

The state of getting aged means you are vulnerable. That is being unable to do no more of things that you used to. Hence, your care and protection become the obligation of others. When in this condition, you are forced to entrust the caregiver or family members with your finances. Unfortunately, the people meant to care, end up using your funds without your knowledge.

The state of being taken advantage of financially can be in various forms. For instance, a situation where the aged has approved partial authority into their accounts. The sanctioned party can easily rob the money or end up using the funds for their personal needs with a strong belief they will never be noticed. That is why the aged persons must be sensitized to appoint more than one person to access their finances. The senior must also follow up on the statements to be sure they are not being exploited.

Members of the family can be the greatest exploiters of their seniors. Some have the mentality of taking any possible opening that will leave them at an advantage in case the aged dies. Thus, they will entice them to transfer ownership of their possession or even make investments that are for the abuser interest. The family must keep an eye on the happenings around their aged members to help control possibilities of exploitation.

The reason why qualified caregivers are engaged is to make sure the senior does not fall for the trap of the rising number of cons. These scams foresee the elderly as prey for their harvests. They will approach them with all manner of tricks to earn money from them. It is unfortunate that some of these protectors turn out as frauds and take advantage of seniors they are supposed to be protecting.

It is your responsibility to make sure your senior parents are well taken care of. Hence, do not entrust them to the attention of a particular professional for long. Keep changing the caregivers before they master and gaps that can be used a leeway to abusive acts. However, even if you are not capable of being around the aged always, keep a close look of the care being offered. You will be able to identify possible moves that can lead to ill-treat early enough.

Unfortunately, seniors will highly be abused by people well known to them. The confusion state of the aged leads them to the hands of abusers. Pay attention to the kind of life that the senior is living. Sometimes they will portray a state of emotional disturbances, and you can know things are wrong

The aged will tell if they happen to be abused. However, the vulnerability makes the elderly choose silence, as are afraid to take legal proceedings. If you know of possible exploitation, intervene and get the elderly a lawyer. The legal representative will make sure justice is served, and the senior gets full compensation of their finances. It is unfortunate that many abusive acts that happen at homes and care centers are overlooked.




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