As a person gets older or sick, they become more vulnerable. Unfortunately, that vulnerability is often taken advantage of by others. One of the most common ways vulnerable individuals are taken advantage of is financial exploitation. Financial exploitation is when a person takes advantage of a vulnerable individual’s finances for their own benefit.
It’s important to understand the details of financial exploitation so you can protect your vulnerable loved ones and take legal action if necessary. Hiring a really good guardianship attorney is also advisable to talk about the many options available to families.
Financial exploitation occurs without a vulnerable individual’s knowledge or consent. Likewise, it deprives the vulnerable person of the financial resources they need to live. The most common forms of financial exploitation include:
If you have a loved one in a vulnerable state, the best thing you can do to protect them from financial exploitation is to keep a record of everyone they’re doing business with and who has access to their money. It’s also important to remember that financial exploitation is often committed by trusted friends and family members.
Even if you don’t have access to your vulnerable loved one’s finances, there are still warning signs that indicate financial exploitation. The most common red flags for financial exploitation include:
If you witness any of these warning signs, it’s imperative to contact a trusted attorney as soon as possible to see what you can do to stop your loved one from experiencing financial exploitation.
Unfortunately, it can be difficult to prove financial exploitation. Many people who take advantage of others are good at covering up evidence and not leaving behind a paper trail. You might not feel like you have a viable case.
Even if you don’t have the evidence to prove your case, you should still contact an attorney. A knowledgeable attorney with experience fighting financial exploitation will understand what it takes to uncover the evidence you need to protect yourself or your loved ones. An experienced guardianship lawyer will assess your current situation and gather important details about the situation to help you take action.
At Fighter Law, we care about protecting you. As our client, you’re our most important asset and we want to help you protect yourself and your loved ones. Our attorneys have decades of valuable experience fighting financial exploitation and can help you file an injunction when you’re ready. To schedule a free case overview, call our office at 407-FIGHTER or contact us online today. Don’t wait. We are here and ready to help you any time of day or night.
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