Financial Exploitation

Nursing Home Abuse Attorneys Help You Prevent the Financial Exploitation of Your Elders

Serving clients who have been injured in and around Memphis, Jackson and West Tennessee

Financial exploitation or abuse of elders takes place whenever someone uses your loved one’s money or property illegally or improperly for their own personal use without consent. Financial abuse is one of the fastest growing forms of elder abuse. Residents of nursing homes might be vulnerable to deceptive financial practices, or the exploitations of their finances that takes place without the elder’s knowledge.

At the law firm of Bailey & Greer, PLLC, we protect your loved one’s rights when they have been exploited financially. We investigate the situation, find out who is responsible and hold them accountable for their actions. We are a trusted name in Memphis, Jackson and throughout West Tennessee when it comes to fighting on behalf of the injured, and we want to help you.

Examples of financial abuse

Financial abuse is one of the fastest growing crimes against the elderly in America. It is also a leading cause of civil lawsuits. Some examples of financial abuse include:

  • Forging signatures
  • Using the elder person’s possessions or property without permission
  • Cashing checks without permission or authorization
  • Coercing or deceiving an older person to sign over a deed, a will, or a power of attorney against their will
  • Stealing money from wallets or purses

Anyone who is in contact with or has control over an elderly nursing home resident can exploit them financially. Unfortunately, financial abuse is often committed by those with the closest relationship with the elderly resident, but it can also be perpetrated by facility care givers. Generally, predatory individuals and greedy business people who use deceptive business practices or overcharge for their products and services are guilty of financial exploitation.

Warning signs of financial exploitation

Family members of the elderly should be aware of the warning signs of financial abuse, which may include:

  • Unknown changes in the elder’s financial documents
  • Unexpected withdrawals by another individual
  • Unexplained money transfers to another individual
  • Unpaid bills, final notices
  • Missing money, property or belongings
  • Unusual activities in the elder’s bank accounts
  • New, unknown names on the elder’s signature card at the bank
  • Forged signatures on financial transactions

Much as you would check for physical signs of abuse, you should also ensure that your loved one is not the victim of theft or fraud. By keeping in close contact with your loved one, and by making it a point to regularly examine his or her financial situation, you may be able to prevent the abuse from occurring at all. If you do notice a series of discrepancies, Bailey & Greer may be able to help. Our compassionate nursing home abuse lawyers can help you with everything from filing a complaint against the nursing home to bringing a lawsuit against the facility for negligence – and everything in between. Let us help you keep your family safe and secure.

Schedule a consultation with a knowledgeable nursing home abuse attorney today

It can be frightening to discover that your elder loved one has been the victim of financial exploitation. Bailey & Greer, PLLC, comprises a knowledgeable legal team that is eager to meet with individuals who want to protect their loved one, or who have been injured at a nursing home in Tennessee. You may call us today at 901-680-9777 or fill out our contact form to schedule a free consultation with a nursing home abuse attorney serving Memphis, Jackson and West Tennessee. We also keep a Nashville office, for your convenience.