Elder exploitation takes place when a person in a position of trust takes advantage of a vulnerable elder to gain control of their money or property. This can occur directly, or indirectly through a power of attorney, a trust, marriage, adoption, or inheritance. The elder need not be incapacitated. Fraud can come from multiple sources: friends and family, new “best friends,” “thieving caregivers,” and religious con artists. Unfortunately, family members are often the source of financial abuse of their elderly relatives.
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