Elder Financial Abuse is On the Rise
Elder financial abuse is on the rise, as many children now turn to their elderly parents for a quick fix to get out of the financial jam caused by the current economic crisis.
Unfortunately, it’s the children who most frequently rip-off the elderly. It makes sense: the kids know what their parents’ estates are worth, they have the easiest access to mom and dad, and friends and neighbors are reluctant to intervene in “family matters”. One of the children may recently have lost their job and becomes desperate to save their home from foreclosue or their car from being repossessed.
Abridged
SOURCE: Stop-Right-There.com
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