Representing the rights of beneficiaries and others that have suffered loss as a result of financial elder abuse
According to the National Initiative for the Care of the Elderly (NICE), financial abuse is the most common form of elder abuse that occurs in Canada. Generally speaking, “financial abuse” occurs when a person or party exploits the assets of another. This type of abuse can take many forms, but it invariably results in losses that can have a significant impact on a person’s estate. In some cases, the direct victim of the abuse sustains his or her own legal action while, in others, the beneficiaries of an estate with a present or future interest recognize that the abuse is taking place and file a claim.
The lawyers of McLarty Wolf are committed to helping people who have been negatively affected by financial elder abuse. To schedule a consultation with one of our lawyers, call our office today at 604-688-9542.
Examples of financial elder abuse
The financial abuse of a senior can be very hard to spot, but is important for both family members and seniors themselves to be aware of common kinds of financial elder abuse. Some common examples of this type of elder abuse include the following:
- Fraudulent schemes
- Unauthorized changes to a will
- Inappropriate use of power of attorney
- Exerting influence to pressure a senior to invest in a personal business
- Misappropriating a senior’s assets
- Not allowing a senior to make independent financial decisions
- Pressuring seniors to sign documents that he or she may not understand
Family members of seniors should always be on the lookout for sudden changes in a senior’s financial situation. If you suspect financial elder abuse is taking place, contact your local authorities and a lawyer as soon as possible to find out about available legal solutions and governmental agencies such as the Public Guardian and Trustee that can assist.
Contact a BC financial elder abuse lawyer today to discuss your case
Individuals who believe that they or an estate of which they are a beneficiary has been affected by financial elder abuse should retain legal counsel as soon as possible. In many cases, the assistance of an lawyer can help recover assets that were lost due to the unscrupulous acts of others. The lawyers of McLarty Wolf are committed to helping people who have been victimized by financial elder abuse recover for their losses. To discuss your case with one of our lawyers, call our office today at 604-688-9542 or send us an email at firstname.lastname@example.org.