Found 3 Articles.
Older people who suffer financial or physical abuse tend to have one thing in common. They’re usually living alone and are isolated. That gives caregivers and others their opportunities. In this article, a former prosecutor of elder abuse argues that adult children bear a responsibility to stay in touch with their parents frequently to be […]
Regulators are empowering financial advisors to protect their senior clients from financial abuse. A new regulation will require advisors to obtain a trusted contact person for each client’s account and will allow advisers to avoid any liability for delaying transactions when they have suspicions of fraud, abuse, or reduced cognitive ability. Some states are going […]
Elder abuse always has been a problem in the U.S., but a largely hidden problem. Most victims are believed not to report to anyone what happened, and governments don’t devote many resources to uncovering and dealing with the issue. But that’s changing as the population ages. More resources are being devoted to the problem, and […]