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Financial Elder Abuse

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Elder Financial Abuse

Bay Area – Contra Costa County – Walnut Creek

Financial abuse can rob an elderly person of the assets accumulated over a lifetime. Many elderly people are isolated, with family and friends far away. This makes them vulnerable to financial abuses such as fraudulent schemes, inappropriate trust accounts and outright theft.

We have been helping people seek compensation for their injuries and losses since 1979. Our attorneys have obtained many substantial verdicts and settlements on behalf of clients, including those who have suffered financial elder abuse. If you or a loved one appears to be experiencing financial abuse, contact our Walnut Creek law firm. Call us at 925-947-1147 for a free initial consultation.

Examples of financial elder abuse

Financial elder abuse can take many forms. Some signs that financial abuse may be occurring include:

  • Inappropriate trust documents that may result in a person becoming ineligible for Medi-Cal coverage
  • Loss of valuable personal belongings in a nursing home or assisted living facility
  • Emptying of bank accounts
  • Forging the elderly person’s signature on checks
  • Changing title on real estate, bank accounts, cars and other property
  • Changing the will to benefit a caregiver

Who commits elder financial abuse?

These and other forms of elder financial abuse are undertaken by people such as in-home caregivers, nursing home personnel, attorneys, accountants and physicians. People in a fiduciary relationship with the elderly person, such as trustee or the holder of a power of attorney, may be defrauding the person whose resources they control.

Investigating your case

Our law firm has the experience and investigators to determine whether financial abuse is taking place. Working with forensic accountants and experts, we build a strong case against the individual or institution abusing the elderly person financially. Our goal is to recover the elderly person’s property so he or she can live comfortably.

If you believe that you or an elderly loved one is suffering financial abuse, contact a knowledgeable attorney to learn what can be done. At CSM&C, we build strong cases that help the elderly and their families recover their assets lost through financial abuse. Contact our Contra Costa County law firm at 925-947-1147 for a free initial consultation.