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Protect Your Loved One from Elder Financial Abuse in Nursing Homes


Posted on behalf of D'Amico & Pettinicchi, LLC on Apr 20, 2018 in Nursing Home Abuse

elderly man holding caneElderly residents in nursing homes can be subjected to various types of abuse. One unfortunately common form of abuse is financial abuse, where someone misuses or illegally uses a resident’s funds, assets or properly.

If you suspect an elderly loved one is the victim of elder financial abuse in the nursing home he or she resides, get help now. D’Amico & Pettinicchi’s New Haven elder abuse attorneys work to protect vulnerable nursing home residents. Schedule a free, no obligation consultation to learn the legal options available.

Types of Financial Abuse in Nursing Homes

In nursing homes, elder financial abuse can include:

  • Stealing money or items
  • Coerced transfer of assets or property
  • Fraud to take control over the resident’s assets
  • Improper use of power of attorney
  • Fraudulently opening accounts in the resident’s name
  • Forging signatures on checks and documents
  • Using the resident’s money without permission
  • Coercing the resident to sign over power of attorney, wills or deeds
  • Telemarketing scams that get residents to send money

Who Commits Financial Abuse?

Unfortunately, just about anyone can commit elder financial abuse if they have access to funds or assets. Nursing home financial abuse is often committed by:

  • Caregivers
  • Doctors
  • Family members
  • Friends
  • Lawyers
  • Business people

Elderly nursing home residents may be refused care by medical professionals and caregivers unless the senior agrees to give money or assets. Abusers may deceive residents to access their finances. Telemarketing scams may be used to trick residents into sending money to the abuser.

Signs of Financial Abuse

Many times, elder financial abuse occurs without the individual’s knowledge. A victim may also hide the abuse from trusted family members out of fear.

Because elder financial abuse can be hidden, it is important to know the signs that could indicate your loved one is being taken advantage of. If you spot any of the signs below, seek legal help to stop the abuse and recover your loved one’s money and assets.

  • Unexplained withdrawals from bank accounts
  • Missing credit or debit cards
  • Charges on bank or credit card statements that are unexplained
  • Checks or contracts with forged signatures
  • Checks that have been cashed but the funds are missing
  • Missing belongings
  • New names added to bank accounts, credit cards or assets
  • Unexpected changes to wills, power of attorney or financial documents
  • Your loved one is living below his or her financial means
  • A loved one is given generic medications but is charged for name brand drugs
  • Medical and mobility devices are missing though they have been paid for
  • Checks written to caregivers or financial professionals
  • Your loved one does not want to discuss financial issues when previously he or she was forthcoming with information

Get Legal Help Now

The elder abuse attorneys of D’Amico & Pettinicchi work to protect victims of elder financial abuse and their families. We will investigate your case and pursue abusers to protect your rights and recover the maximum compensation your loved one deserves.

Schedule a free, no obligation consultation to learn what legal options are available in your situation. There are no upfront fees or risks to you when working with our firm. We only get paid if we recover compensation in your case.

Call (866) 848-7077 or fill out our Free Case Evaluation form now.