Personal Finance Essentials
Warning Signs of Elder Financial Abuse
- Back to Estate Planning
- Everyone – Including You – Has an Estate
- The Key Components of an Estate Plan
- When to Review Your Estate Plan
- Protecting Yourself and Your Family Against Elder Financial Abuse
- Warning Signs of Elder Financial Abuse
- How Your Assets Pass to Your Heirs
- Beneficiary Designations – One of Your Most Important Decisions
- Estate Planning for Families
- The Importance of Family Communication
- Additional Planning Considerations
Know the Red Flags
Before It’s Too Late
If you are concerned about a family member, watch for these signs. Any one of them may warrant a closer look. Several together should prompt immediate action.
1
Sudden bank account changes
2
Unauthorized ATM withdrawals
3
Missing jewelry or other valuables
4
Unexpected changes in financial documents
5
Unexplained disappearance of funds
6
Forged signatures
7
Sudden appearance of previously uninvolved relatives
If you suspect financial abuse, contact Adult Protective Services in your area. Many victims are reluctant to report the problem, particularly when a family member is involved. But silence protects the abuser and prolongs the harm.
