alzheimer's care

Archive for Financial Exploitation

Struggling to keep finances in order—a warning sign that care may be needed series

Finances are tricky, for one thing, most people keep them very private. Our recent newsletter mentioned Why You Should Share Online Passwords.  But for the most part, you may not discover that an elder is having difficulty with finances without a few pointed questions.

Ask yourself: Do they express fear or uncertainty about ability to provide food and shelter? Elderly lady typing on laptop. Shallow DOF.

The Washington Post suggests that you get the whole picture first. WikiHow has a few other tips to cope when family members are having financial difficulty. Read More

Financial Elder Abuse: Recognition and Prevention

154435_199045503546847_441023954_n-300x168Unfortunately, seniors are often the target of financial exploitation, and even more unfortunately, it is often family members who are doing the exploiting. Just this morning, my office received a call from one of our caregivers expressing concern about one of our clients. In this case, extended family members may be stealing funds from the senior who is suffering from dementia. I cannot begin to explain how angry this makes me when I hear about seniors being abused by their own family! Of course, our office is reporting this to our local Area Agency on Aging, and an investigation will be conducted. But since this is something that I see happening over and over again, I just want to remind you what to look for if you feel your loved one is being exploited. Read More