Stand Against Elder Financial Abuse – Justice for the Helpless Senior Citizens

Elder financial abuse is a serious crime. Studies suggest that the people above the age of 50 years control the major part of a country’s wealth. Thus fraudsters target the elderly people. Deteriorating mental and health conditions of the old make them vulnerable to financial abuse. 

Sometimes the perpetrator could be a complete stranger like a new caretaker or telemarketer, and sometimes it could a trusted one of the victim like the financial advisor or a family member who thinks they are entitled to have access to the parent’s, grandparent’s or client’s wealth, and they find different means to acquire it.

Most of the cases involve victim’s dear ones. The senior citizens are exploited through different kind of scams like investment scams, email or phone scams, sweetheart scams, home repair scams, investment or loan scams, real estate scams and so on. These scams are tailored to snatch the senior citizen’s money. Such activities could be intentional or a result of negligence.

There is an elder financial abuse lawsuit to control such crimes and a practicing attorney in this area can help you sue the abuser. They understand the victim’s helplessness due to their age. They collect all the evidences and get the perpetrator punished as per rules of the court of law.

Elder Financial Exploitation Lawsuit

Someone who is close to the victim and is in authority, trust, and control of the senior citizen and misuses such a position to profit from the senior’s vulnerability and helplessness is considered the perpetrator and a case can be filed against them.

As a result of litigation, the victim can get several benefits no matter where he or she is put up in the world. They can recover the loss of money or property from the abuser. They can recover the attorney’s fees also, as the statute protecting the senior rights helps them with this. In some cases, they may claim a recovery for punitive damages as well.

If you are a resident of Houston and looking for Elder Financial Abuse Attorney in Houston, you can get help either through trusted sources available online or your close friends. The practicing attorneys will fight against such perpetrators and give you the justice.