Elder Financial Abuse – Stopping Real Property Thieves
Someone can’t pick up a house and steal it, obviously. But what does happen, with alarming frequency, is a bad son or daughter tricks and manipulates their parent into signing a deed that transfer title of the home. Most elder abuse rip-offs are committed by family members, but caregivers, landscapers, or alleged friends – anyone with close contact – can be the perpetrators.Remedies are available to stop these thieves, but action must be taken quickly.Here’s a typical scenario on how the rip-off occurs:Mom is eighty years old, widowed, and lives alone in the house she owns, free and clear. She no longer drives and has begun to suffer memory loss over the past few years. Her only son has had drug and alcohol problems in the past, and has not seen or spoken to her in several years.Son has no job, but now sees his mother a potential cash cow. …
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