If you have aging parents, you know that keeping track of their financial well being can be difficult. Seniors are especially susceptible to elder abuse, but families can help protect them against financial abuse by knowing what it looks like, being aware of the warning signs and taking legal steps with the help of elder lawyers in Illinois. Take a few minutes to learn how you can employ elder lawyers in Illinois to protect your aging parents or other relatives.
What Is Financial Elder Abuse?
Basically, financial elder abuse occurs when a senior is taken advantage of financially just because of their age. Seniors can be easy targets for scammers and swindlers. These people can use a number a ways to scam seniors out of money, including:
- Contacting them over the phone and asking for money for a made up charity.
- Stealing a credit or debit card.
- Using a power of attorney to write checks or make unauthorized ATM withdrawals.
- Convincing a senior to sign over a financial power of attorney.
What Warning Signs Should You Look For?
Financial elder abuse can be difficult to spot, but there are a few key warning signs that you can look for to protect your loved ones. If you notice things like bills that are going unpaid, credit card or bank statements with a number of unusual transactions, or that your loved one is suddenly spending a great deal of time with a new friend and giving away large gifts or belongings, you should be on the lookout for financial abuse.
Although most people worry about elder financial abuse from strangers, it's actually family members who are the biggest perpetrators. This could be because family members could feel like they deserve the money and elderly parents may not want to prosecute their children who are taking advantage of them.
How Families And Elder Lawyers In Illinois Can Help Protect Seniors
One of the best ways families can protect their elderly relatives is to have more than one person be responsible for financial accounts. Checking accounts could have more than one adult child on the account, as well as the senior. While it might not be possible to have bank account or credit card statements mailed to two addresses, it is possible for each person to have online access. Having two sets of eyes on each account can help ensure that money is being spent wisely and that there aren't any red flags.
Additionally, elder lawyers in Illinois can help by drawing up joint powers of attorney. This ensures that two people can make any necessary financial decisions, protecting seniors, their money and their families. If you find that your parent or other relative has been a victim of financial elder abuse, elder lawyers in Illinois can also help you fight back and recoup your parents' money.
If you're looking to protect your elderly parents from financial elder abuse, turn to elder lawyers in Illinois. Elder lawyers in Illinois, such as Peck Ritchey, LLC can help draw up paperwork that won't leave your parents vulnerable to scammers and swindlers. If you're looking for elder lawyers in Illinois to help protect your family, please contact them today.
To learn more about services from our elder lawyers in Illinois, please visit http://www.peckbloom.com/practice-areas.html
As we age, we discover legal needs that we didn’t have when we were younger. The older we are, the more likely we have assets to protect, family and heirs to provide for, and our own futures to be planned out. With so many areas needing attention, consulting with elder lawyers in Illinois is a crucial step in preparing for the future. Elder law lawyers in Illinois have the specific education, expertise and experience to help you navigate the often confusing and always complex landscape of state and federal elder law. Following some simple tips can help you choose qualified Illinois probate attorneys, elder law specialists and trust and estate law experts who can answer your questions and grant you relief from your legal or financial concerns.
Illinois Probate Attorneys – Choosing Someone Who Understands You
Be sure to find an Illinois probate attorney who is familiar with all aspects of estate law and is experienced with avoiding Illinois probate conflicts. Some probate attorneys are focused on representing disgruntled heirs who are filing suit against an estate rather than the process of preparing an estate for probate. Planning ahead by establishing a proper estate plan to avoid probate battles requires an attorney who is focused on helping you and your heirs.
Illinois probate attorneys are also knowledgeable in other aspects of elder law (the various legal issues surrounding growing older). Elder law lawyers work regularly with elderly clients, guiding them through preparation of wills, establishing a solid financial plan for the future, and seeing that their assets are protected in the event they become incapacitated. Elder law attorneys in Illinois have handled a variety of elder law issues, including abuse of the elderly, administering estates, end-of-life issues, guardianships and health care decisions.
Successful Elder Law Lawyers in Illinois – Look at Their Record
Good elder law lawyers will have a history of successful resolutions for their clients. Be sure your Illinois probate attorneys are well versed in all aspects of elder law so that you can rely on them for other issues. You’ll be more comfortable and have a better rapport with your attorneys if you don’t have to switch horses mid-stream.
Chicago Elder law lawyers and Illinois probate attorneys will often belong to professional organizations relating to elder law and probate issues. Awards or recognition from bar associations, other Illinois attorneys, and advocacy groups are all indications of legal excellence. Check out the websites of any elder law lawyers in Illinois you are considering hiring. You should find an explanation of their professional affiliations as well as an outline of the areas in which they specialize.
Looking at the History of Elder Law Lawyers in Illinois
One of the better indications of the quality and experience of potential probate attorneys or elder law attorneys is their track record. While not all probate attorneys or elder law lawyers will list their clientele on their firm’s website, they may indicate some specific cases where they were asked to represent parties such as the state of Illinois, a city government, or an organization.
Perhaps one of the most important considerations when choosing elder law lawyers in Illinois is whether they make you feel comfortable and communicate with you effectively. Although the qualifications of Illinois probate attorneys are important, their personalities are also crucial. Find someone who gives you the feeling that they truly care about you, your heirs, and your future. If they really understand you and are ready to fight for your rights, you’ve found the best elder law lawyers in Illinois for you.