One of the most troubling issues that we are forced to face as elder law attorneys is the matter of financial exploitation of senior citizens. This problem started to come to light back in 2011 when the MetLife Mature Market Institute published an influential study. They were joined by Virginia Tech University and the National Committee for the Prevention of Elder Abuse, and they reached some eye-opening conclusions. At that time, they estimated that instances of financial fraud and … [Read more...] about Elder Financial Exploitation Is All Too Common
Within the elder law community, there is a great deal of concern about the apparently burgeoning plague of elder financial abuse. According to a Consumer Financial Protection Bureau report (summarized in an article from the Northern Kentucky Tribune), this problem is on the rise, costing seniors (and their eventual heirs) billions of dollars. The CFPB broadly describes two different types of scenarios that are common within this arena. One of them involves crimes of opportunity. These … [Read more...] about Opportunists, Predators Prey On Elderly
Most people are aware of the fact that they should plan ahead for their active retirement years. However, many of them do not think about the period of time that will follow. Elder law attorneys focus on the legal issues that seniors face. Most of these issues typically arise during these twilight years. If you want to be comprehensively prepared for the future, you should certainly consult with an elder law attorney. Let's look at some of the questions that you may want to ask. How Will I … [Read more...] about What Questions Should I Ask an Elder Law Attorney?