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What Are Potential Signs of Financial Abuse In a Nursing Home?

When you have an elderly loved one in a nursing home, it’s important for you to take the steps to ensure they are being properly cared for by the staff. Unfortunately, this doesn’t always happen, and the abuse isn’t always easily apparent.

There are some situations in which the abuse isn’t done in a physical or emotional manner; rather, it’s done financially and causes a significant amount of loss for the elderly individual. As a family member, it’s up to you to recognize signs of financial abuse in the nursing home to protect the rights of your loved one.

Here are some of the most common signs of financial abuse to look out for:

  • Missing Property: While it may not be a direct financial loss, missing property can be a clear sign that someone is taking from your loved one and potentially selling the items for profit. Belongings, day-to-day items, or even medications that go missing could prove to be a sign of financial elder abuse.
  • Verbal Complaints: If your loved one is coherent and recognizes that there are some missing items, belongings, credit cards, cash, or even bank statements, it could be something that you may want to look into deeper. You may also notice that there are some items being hidden because your loved one is worried someone will take something.
  • Financial Losses: If you have access to your loved one’s bank statement and recognize that there are funds missing or there is some spending that seems out of the ordinary, you may want to see if there are signatures to accompany the purchases. You may also recognize bills or expenses that are not normal.

Another form of financial elder abuse could involve the abuser convincing the elderly to sign powers of attorney documents to give the abuser control of finances. This is typically done with elderly individuals who have declining mental health.

Our Baltimore financial elder abuse lawyers at Brown & Barron are here to help you. Trust that we put your best interests first and work hard to guide you through the process. We aim to hold those responsible for financial abuse fully accountable so your loved one could obtain justice.

Call our firm today at (410) 698-1717 to discuss your rights.