elder financial abuse Archives

abuse aging parents Aging Parents Living Alone dementia

Know This: Your Aging Parent Living At A Distance May Be At Risk

American families are often scattered across the country. Kids grow up, find opportunities they like in other places and move away. The parents may stay put, happy to remain where they’ve lived most of their lives. Then aging happens. And with it, risks no one really thought about. At AgingParents.com,…

Carolyn RosenblattAugust 12, 2024

aging parents AI Artificial Intelligence elder financial abuse financial abuse

Will Artificial Intelligence Help Or Hurt Our Aging Parents?

Artificial intelligence is advancing so rapidly, it can be hard to speculate about its effects on elders. What we can see is that applied to healthcare, it could be very positive. For older adults with multiple chronic conditions, there are different doctors with different perspectives, each a specialist in one…

Mikol DavisJune 7, 2023

Aging Parent Runs Out of Money aging parents Finances For Aging Parents financial judgement

The Case of the Missing Cash

This really happened. George is 90 and is generally doing well, but he has a few memory problems. His wife, Gloria worries about him keeping track of things. He has a full-time caregiver from a qualified agency. He goes to the gym for an hour every day. The caregiver drives…

Carolyn RosenblattApril 24, 2023

aging parent aging parents Elder Finances elder financial abuse managing finances

Son Gets Dad, 85, To Give Up Secrecy About Finances

How did the adult son of a wealthy but secretive 85-year-old father get his dad to finally reveal important information about his assets? It wasn't easy. Many adult children have an elder who thinks he's fine and doesn't need any help. Even if the patriarch or matriarch is fine, there…

Carolyn RosenblattApril 24, 2023

aging parents caregiving elder financial abuse Family Conflicts

The Case Of The Evil Caregiver And How She Was Stopped

This is shocking, but it actually happened. I describe a real case, with names changed. The man involved was what we call an “elder orphan”. These are the ones with no kids, never married, or widowed and they do not have anyone paying much attention to them as they age.…

Carolyn RosenblattFebruary 3, 2023

aging parents APS elder abuse elder financial abuse National Center on Elder Abuse

The Issues With The Justice Department’s Expansion Of Its Elder Fraud Strike Force

The Justice Department recently announced an expansion of its Transnational Elder Fraud Strike Force to fight against financial abuse. We applaud its efforts. However, no matter what the expansion puts into better transnational law enforcement, the heart of the problem and the worst of elder financial exploitation does not come…

Carolyn RosenblattNovember 29, 2022

aging parents elder abuse elder financial abuse FTC Scams

Warn Aging Parents About Post-Disaster Scammers

Warn Aging Parents About Post-Disaster Scammers Devastating hurricanes, storms, tornadoes, flooding, and fires, across many parts of the U.S. leave people vulnerable. Aging parents, often far away from family, are especially at risk. When disaster strikes, scammers see opportunity. The waters after Ian haven’t even receded, and ripoff artists are…

Carolyn RosenblattNovember 2, 2022

aging parents elder financial abuse Finances For Aging Parents financial decisons financial judgment The Office of Financial Protection for Older Americans

How Collecting Data Does Not Stop Financial Abuse Of Aging Parents

Financial abuse of elders is growing. This is not surprising! The Office of Financial Protection For Older Americans documents that banks and other institutions filings of "suspicious activity reports" quadrupled between 2013 and 2017. Elders among us are being victimized by predators of all stripes, starting with family members. According…

Carolyn RosenblattAugust 3, 2022

adult protective services aging parent elder abuse elder financial abuse

Frustration For Families: Law Enforcement Isn’t Pursuing Financial Elder Abusers

Families are frustrated. When someone thinks a person is taking financial advantage of an aging parent, the public message is an urge to report to Adult Protective Services. APS, sometimes called by other names, is a local government entity tasked with investigating complaints about elders. They, in turn can report…

Carolyn RosenblattJuly 27, 2022

Cognitive Impairment Crooked Realtor Durable Power of Attorney

The Aging Parent And The Crooked Realtor: A True-Life Case

Here at AgingParents.com we see lots of problems. Real estate agents and elder-related issues are among them. This is a real case. Edward is 80 years of age, living in a senior’s home where he is able to care for his physical needs independently. But his mind is not as…

Carolyn RosenblattJune 18, 2022

elder financial abuse