Jacksonville Elder Financial Abuse Attorneys

Elder Financial Abuse

The elderly grew up in a different time. Not only have many done well financially, but they grew up at a time when you could trust a stranger.

Sadly, that is not longer the case.

In many cases, the elderly have access to a lifetime of savings at a time when they are the most vulnerable to scammers.

Financial exploitation of the elderly ranges from outright stealing from the senior, either cash or property, to forging a signature, asking the elderly to sign a document granting someone power of attorney, or willing their possessions over to the unscrupulous individual.

Sometimes the assets are taken without consent, and sometimes predators seek out and target the elderly. Don't be surprised if first they gain a senior's confidence before robbing the individual or overcharging for goods and services. The perpetrator may even make it sound like the scam was the idea of the elder.

Financial abuse involves a scam and there are many out there willing to take advantage.

Seniors living in nursing homes can be the victims of financial fraud by their direct caregivers, or the administrators of the nursing home themselves. In some cases, family members may feel they have the "right" to the possessions of their senior relative. Sometimes those who commit financial fraud feel animosity with a sibling or there was a bad relationship between the child and parent.

Even telemarketers have been known to prey on the elderly using scare tactics and exaggerated claims. Preying on the elderly may involve obtaining a social security number or credit card number from the unsuspecting elder.

Victims of financial abuse may be too embarrassed to speak out, or they may be intimidated by the staff or family member. In some cases, the elderly may not realize the value of what they own. In other cases, relatives might not want to pry into an elderly relative's financial affairs.

For all of these reasons, financial abuse is often overlooked.

What makes the elderly particularly vulnerable to financial abuse is that they need to depend on helpers who may have access to the senior's home and assets.

It is important for family member to look for signs of financial abuse. The elder may suddenly develop an interesting in taking out loans or shifting financial accounts. The elder may be under the influence of the scammer and seem to be acting according to the advice they receive from this perpetrator. They may have recently signed important financial papers and/or suddenly be out of money.

If you suspect some financial abuse has occurred, an experienced Jacksonville FL nursing home abuse attorney may be your best ally. It is important to act before all of the assets disappear or are spent. An attorney can conduct an investigation into the assets and trace the money that went to the perpetrator. In many cases, the money can be retrieved and the elder can recover part of all of their assets.

It is important to family members to act quickly while there is still a trail to investigate.

Our personal promise: Accident victims have specific rights, but by law you have a limited time to take action. When you use our team at Farah & Farah, there are NO up-front charges.
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Our fee is a percentage of the money awarded payable only when your case is successfully concluded. No matter how many times you call and how long we talk, there is NO CHARGE or cost until your case settles. Do not sign any releases, agreements or give any statements until you have spoken with us about your legal rights. When it comes to getting you more, we won't settle for less!

We personally promise that you will be treated with the respect and dignity you deserve. We promise to keep you up to date and informed as to developments in your case. Your case is important to us, regardless of size.
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Main office: 10 West Adams St. Jacksonville, Florida 32202 • Phone: (800) 533-5555 Local: (904) 396-5555

The attorneys of Farah & Farah in Jacksonville, Florida have experience with personal injury, medical malpractice, product liability, workers' compensation, social security, and other types of injury and negligence lawsuits. Eddie Farah and our team of Jacksonville attorneys are proud to represent working people and families throughout the country.

Florida Elderly Abuse Lawyer Disclaimer: The Florida elder financial abuse, nursing home financial abuse, elderly financial exploitation, nursing home neglect or other personal injury legal information presented at this site should not be construed to be formal legal advice, nor the formation of a lawyer or attorney client relationship. Any results set forth herein are based upon the facts of that particular case and do not represent a promise or guarantee. Please contact a Florida Personal Injury Attorney or Nursing Home Abuse Lawyer for a consultation on your particular personal injury matter. This web site is not intended to solicit clients for matters outside of the state of Florida.

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