Wednesday, September 26, 2012
A recent poll has released information that the group that is most likely to commit financial elder abuse are family members of the victims. The poll surveyed a number of professionals including, financial planners, elder law attorneys, and other academics. The poll also determined that the number of seniors that are subjected to elder abuse does not change when looking at different groups of senior citizens like older veterans. Of the professionals that were surveyed, 70% of them stated that "caregivers, adult protective services workers, and law enforcement agencies [are] the most useful tool for helping seniors effectively manage their finances."
See Chris Orestis, Theft by Family Members Most Common Form of Financial Elder Abuse, ProducersWeb.com, Sept. 20, 2012.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.