Eight ways to protect yourself against elder financial abuse

Elder abuse is a rapidly growing problem in the U.S.

Or at least so say experts who testified before a Senate Special Committee on Aging hearing in November. In fact, one in 10 seniors age 60 and older, some 5 million elders, who live at home experiences abuse, neglect or exploitation, according to one expert, Jaye Martin, executive director of Maine Legal Services for the Elderly.

And financial abuse – perpetrated by mainly be family members, many of whom are guardians – is one of the most common types of elder abuse, according to a Government Accountability Office (GAO) report released for the hearing.

Robert Powell | USA Today

Related News

Browse By Category

Share:

Send Us A Message