Financial abuse
Protecting the finances and property of your older family and friends
3 Methods of Protecting the Assets of an Elderly Loved One
Collaborative Post There may come a time when an older loved one such as a parent, grandparent or other close relative doesn’t have the cognitive capability or mental faculty to manage their assets or finances by themselves, and as a care provider, fiduciary responsibility may fall on you. This is an extremely important role since […]
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Lessons from a story of financial elder abuse
When an older relative is struggling to manage their money and their daily household, it’s often time for a responsible and caring relative to step in. Many apply officially for Lasting Power of Attorney and some unofficially start to help managing the money. Problems do sometimes occur when the guardians of the money are tempted […]
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