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FINANCIAL EXPLOITATION OF ELDERS & DEPENDENT ADULTS

Financial Exploitation of Elders & Dependent Adults

Financial abuse happens when someone misuses an elder’s or dependent adult’s money, property, or assets. This can include unauthorized withdrawals, pressured changes to legal documents, missing funds, or caregivers taking valuables. It often occurs in nursing homes, assisted living facilities, or private caregiving settings—and families may not realize it’s happening until significant harm is done. California’s EADACPA law provides strong protections, allowing families to recover losses and hold abusers accountable. If you suspect financial exploitation, we can help investigate, stop the abuse, and protect your loved one.

What is Financial Exploitation

Financial exploitation occurs when someone improperly uses an elder’s or dependent adult’s money, property, or assets. This includes unauthorized withdrawals, pressured document changes, forged signatures, misuse of cards, or taking valuables. Even small irregularities can signal larger abuse.

Where it Happens

Financial abuse can occur in nursing homes, assisted living facilities, memory care units, in-home caregiving arrangements, and even by trusted family members.

Warning signs include:

• Unexplained withdrawals

• Missing checks or documents

• New “friends” controlling access

• Sudden changes to wills or accounts

• Unpaid bills despite sufficient funds

•Fear or confusion when discussing money

How we can Help

California’s EADACPA law provides strong remedies for financial exploitation, including recovering stolen funds and holding abusers accountable. We investigate banking activity, caregiver access, document changes, and facility involvement.

If you suspect financial abuse, contact us for a confidential evaluation.