Monday, June 3, 2019

Did You Know That Elder Financial Abuse Can Possibly Be Unnoticed?

By Timothy Stevens


In an ideal situation, people assume that elderly ill-treat is being impolite or neglecting the seniors. It is unfortunate that some individuals will go into the extent of physically abusing the aged in our society. Unimaginable acts are currently happening in our community with many going unnoticed, such as elder financial abuse.

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.

Some family members perceive the opportunity when their wealthy parents age. They seek for any possible opportunity to earn from the senior in case death strikes. Thus, they will lure them into assigning them some of their property or even come up with spending ideals which will lead to them financially exploiting the elderly. It is vital all members of the family keep an eye to any susceptible behaviors and have them tamed before they result in their aged being abused.

Even though caregivers are considered as trusted experts who protect the aged, you should be cautious when engaging their services. Some care providers take advantage of the same seniors they should be caring for. Hence to seal any loopholes that may lead to financial exploitation, strive to change the service provider regularly.

You must employ precautionary measures to make sure the caregiver does not ill-treat your aged person. Keep reshuffling the protectors, and you will avoid a scenario where they would feel comfortable or master all the openings that may lead to exploitation. Strive to care for your aged parents even if most of the time, you are not physically around them.

Remember, most abusive cases are linked to people we trust to look after the seniors. You must be able to closely track all the happenings around the life of the elderly to help notice when things are going wrong. Ageing is not easy, and some people get disoriented, which opens an opportunity to the abuser.

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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