• Skip to primary navigation
  • Skip to main content

Duffy Law Office, PLLC

Helping Families Preserve Their Wealth

  • Home
  • Our Firm
    • About Our Firm
    • About The American Academy
    • Advantages of Working With Our Firm
    • Attorney and Staff Profiles
    • Speaker Connection
  • Services
    • Asset Protection & Business Planning
    • Elder Law & Medicaid Services
    • Estate and Gift Tax Figures
    • Estate Planning Services
    • Family-Owned Businesses & Farms
    • Financial Planning Assistance
    • Incapacity Planning
    • IRA & Retirement Planning
    • LGBTQ Estate Planning
    • SECURE Act
    • Special Needs Planning
    • Trust Administration & Probate
  • Reports
    • Advanced Estate Planning
    • Basic Estate Planning
    • Estate Planning For Niches
    • Trust Administration
  • Resources
    • Client Resources
    • Consumer Resources
    • Published Books
  • BLOG
  • Contact Us
  • (563) 445-7400
  • Show Search
Hide Search

Elder Financial Abuse Comes in Multiple Forms

Dennis D. Duffy · May 24, 2013 ·

When you keep your head stuck in the sand avoiding somewhat difficult subjects you may find yourself in a challenging situation later on. With this in mind let’s take a look at elder financial abuse.

This type of abuse comes in multiple different forms. There are people who target seniors who are predators. They are proactive about finding prey. These types could include scam artists that approach people in person, over the phone, or on the Internet.

Another type of predatory abuser would be an identity thief.

Because of the fact that many of our elders suffer from diminished mental capacity to one extent or another they may not be as capable of fending off abusers as they may have been in the past. These predators are well aware of this fact.

Unfortunately, this is not the only form of abuse. As distasteful as it may be family members sometimes take advantage of their aging relatives. An appellate court in New York recently upheld the 2009 conviction of Anthony Marshall, who was found guilty of stealing millions of dollars from his mother Brooke Astor.

This is a high-profile case involving a great deal of money, but things like this happen all the time on smaller scales.

In addition to family members, caregivers can sometimes go bad and take advantage of their access to seniors.

From a legal perspective it is possible to put preventative measures in place. If you are interested in learning about them, contact our firm at (563) 445-7400 in Davenport set up a free consultation.

We are grateful you follow us and value your comments and input. You Can Also Find Us Online: Facebook | Twitter | LinkedIn Thanks again.

Ryan M. Denman and Dennis D. Duffy

Duffy Law Office, PLLC

  • Author
  • Recent Posts
Dennis D. Duffy
Latest posts by Dennis D. Duffy (see all)
  • Attorneys Want to Help - December 14, 2016
  • Trusts and the Estate Tax - December 14, 2016
  • What Is a Third Party Special Needs Trust? - December 14, 2016

Elder Law, Incapacity Planning Elder Financial Abuse, Elder Law, Incapacity Planning

Blog Subscription

Where we are

Duffy Law Office, PLLC
1840 E 54th St
Davenport, IA 52807
United States (US)
Phone: (563) 445-7400

Opening hours

Monday8:30 AM - 4:30 PM
Tuesday8:30 AM - 4:30 PM
Wednesday8:30 AM - 4:30 PM
Thursday8:30 AM - 4:30 PM

Map

duffy_hmpg_map.png

© 2023 · American Academy of Estate Planning Attorneys, Inc. | Disclaimer | Privacy Policy | Sitemap | Contact Us