If your aging loved one is meeting with a probate attorney to get their affairs in line, it’s important to identify signs of financial abuse. Finding the right probate attorney for your senior family member is crucial to ensuring they make well-informed decisions about their financial options. To better assist your senior parent during this process, consider the following guide to protecting them from financial abuse.

How to Identify Signs of Financial Misconduct

With the help of an attorney, it is up to your parent to decide how they want to divide their assets. This is typically where financial abuse from a friend or family member can occur. First, it’s important that no family members are pressuring your loved one into signing anything. Every document they sign should be carefully reviewed and explained by their probate attorney. It’s also essential that your elderly loved one does not feel forced to sign over money or property in return for care if their health declines. Additionally, no charges should be made to your loved one’s accounts without their authorization.

How to Protect Your Senior Loved One

One of the first ways you can protect your loved one from being taken advantage of financially is by finding the right probate attorney to help handle assets. These professionals are experienced and knowledgeable at identifying any potential individuals who may be abusing your loved one’s finances. Additionally, try to be as involved in the process as possible so you can watch for signs of financial issues. These may include returned checks, money or items that can’t be accounted for, and unexplained ATM withdrawals. Additionally, if you notice your loved one’s care is substandard despite paying for a superior facility, this could indicate their money is being transferred elsewhere.

If you’re providing care for a parent and want to help them settle their affairs, talk to a probate attorney at My Legal Teams Inc in Signal Hill, CA. With more than 30 years of experience practicing law, the team is well-versed in signs of elderly financial abuse and can help you ensure your loved one’s wishes are being met. To learn more about My Legal Teams Inc, visit them online or call (562) 479-0900.