Financial Exploitation of the Elderly
If your loved one has fallen victim to financial exploitation, Hale Ball Carlson Baumgartner Murphy, PLC can help. Partners Jean Galloway Ball and Kimberley Ann Murphy have extensive experience in litigating these claims of financial abuse. Jean is certified in Elder Law and is consistently selected as a SuperLawyer® and part of Best Lawyers® in the field of Elder Law. Kimberley has also been recognized as a SuperLawyer® and Best Lawyers® in Estate & Trust Litigation.
WHAT IS FINANCIAL EXPLOITATION?
Financial exploitation is the use of another person’s resources for personal use or profit. This can occur when an individual misuses or takes the assets of a vulnerable elderly or disabled person for personal gain. Financial exploitation of the elderly often occurs without the knowledge or consent of the elderly adult, depriving him or her of vital financial resources.
Common types of financial exploitation include:
- Theft of cash, valuables, medications, and personal property
- Forgeries, unauthorized check writing
- Unauthorized sales or transfers of real estate
- Contractors or handymen who receive payment for incomplete or unnecessary work
- Lottery scams involving the collection of unclaimed prizes
- “Phishing” whereby emails trick the elderly person to surrender bank passwords
- Investments made without consent, or excessive trading activity to generate commissions
- Improper or fraudulent use of the power of attorney or fiduciary authority
- Charging excessive fees for goods or services
- Telephone scams such as saying the IRS will come to arrest you unless a payment is made for taxes owed.
CONTACT A NORTHERN VIRGINIA ELDER LAW ATTORNEY
Financial exploitation of the elderly and disabled may be by a person known to the victim or financial abuse by a stranger. If you notice signs such as unpaid bills despite adequate income, checks written to “cash” or in excessive amounts for work around the house, unexplained changes to wills or other estate documents, or unexplained disappearances of cash, your loved one may be a victim of financial exploitation.
If you believe your loved one is a victim of financial exploitation, we urge you to contact our office to schedule a consultation with an experienced litigator from our firm. We will be able to evaluate your situation and give you advice on how best to take legal action and put a stop to exploitation.
If you believe your loved one is a victim of financial exploitation, we urge you to contact our office to schedule a consultation with a Northern Virginia elder lawyer from our firm. We will be able to evaluate your situation and give you advice on how best to take legal action and put a stop to exploitation.
Since 1980 the AV-rated law firm of Hale Ball has served the legal needs of individuals and businesses. Our team of attorneys include lawyers named to Super Lawyer and Rising Star lists, as well as attorneys with advanced legal degrees, specialty certifications and lawyers who teach their areas of practice to other lawyers.
Use the contact form on this page to schedule a consultation, or call 703-591-4900.
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Fairfax, VA 22030