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June 3, 2022

Many of us will need assistance as we age. Here are some tips for protecting your loved ones’ finances.

What is financial caregiving?

Similar to physical caregiving, a person may require financial caregiving if they are unable to maintain their finances independently. Many of us may need this type of care at some point, most commonly as we age.

It’s important for each of us to prepare for caregiving for loved ones, in addition to anticipating the need for caregiving for ourselves.

What is elder financial abuse?

Elder abuse can take many forms including physical abuse, psychological abuse, or neglect. Financial abuse includes misusing an order person’s funds, possessions, signature, and more. Unfortunately, older adults are especially vulnerable to scams and other forms of financial abuse.

If you suspect a member is being financially exploited, contact us.

Visit the National Center on Elder Abuse