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Old 03-11-2013, 01:06 PM
 
Location: Central US
202 posts, read 213,883 times
Reputation: 365
Default Inheritance being ripped off by relatives.

I have been hearing about many cases lately about relatives or friends moving in with older people to "take care" of them. The problem is that they talk the older people into changing their will or trust to benefit just the live in younger person and cut out the other relatives. My own sister moved in with my elderly mother and within 30 days had talked my mother into changing a trust that my mother had just set up. The change gave everything to my sister.

It's called "Elder Abuse". I have two friends that have had very similar stories and I have read about many on line.

These older people also get talked into selling assets and giving the money to the live in person. That happened to a friend of mine from Texas. The mother sold all the family land and gave the money to just the one live in brother. Not the way it was all set up before the brother moved in. The rest of the family was devastated.

My sister I was talking about also charged over $40,000 on credit cards that she took out in my Mom's name while she lived with my Mom and the sister never paid a dime on the cards. I started to get calls from collection agency's about my Mom. My sister signed my Mom's name to the card applications.

Does anyone have any stories like this? I want to try to get as many stories to my other friends as possible so they can watch out for this type of abuse.

Thanks.

Please beware of anyone including "trusted relatives" moving in with your parents or your parents moving in with someone. It is extremely common for financial abuse to take place. Check out "Elder Abuse" on line.
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Old 03-11-2013, 01:14 PM
 
Location: Orlando, Fl
492 posts, read 718,835 times
Reputation: 420
Sounds like what this country is coming too: Everything for me and f$%# everyone else!
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Old 03-11-2013, 01:22 PM
 
Location: Yellow Brick Road
35,342 posts, read 42,215,632 times
Reputation: 19444
Sounds more like fraud to me than elder abuse and you can prosecute for fraud.
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Old 03-11-2013, 01:28 PM
 
Location: Hills & Hollers of the Aux Arcs
18,952 posts, read 15,704,492 times
Reputation: 16804
Quote:
Originally Posted by anifani821 View Post
Sounds more like fraud to me than elder abuse and you can prosecute for fraud.
In many states, elder fiduciary abuse is also a crime.
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Old 03-11-2013, 01:37 PM
 
Location: Yellow Brick Road
35,342 posts, read 42,215,632 times
Reputation: 19444
Quote:
Originally Posted by Curmudgeon View Post
In many states, elder fiduciary abuse is also a crime.
It certainly should be! I always think of elder abuse being physically harming or putting a senior in a vulnerable situation, i.e. beating them, not feeding them properly, unsafe or unclean living space, etc.

To me, fraud is fraud, regardless what age the person (victim) is. If you take out credit cards in mother's name, you have stolen her identity and perpetrated fraud, whether mother is 45 or 90.

But yes, whatever statutes can help in these situations, I am all for prosecuting.
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Old 03-11-2013, 01:42 PM
 
41,633 posts, read 44,854,191 times
Reputation: 12782
There is a difference between abvuse and the parent for example leaving thier wealth to those who they lived with for much of the later years. If it fraud or abuse the other parties knowing this needs to act now to prevent it;plan and simple.
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Old 03-11-2013, 01:44 PM
 
Location: southern california
49,278 posts, read 45,802,045 times
Reputation: 40356
not all vampires are spouses. some are children.
a more careful study of ann rice books would prevent much elder abuse.
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Old 03-11-2013, 01:54 PM
 
Location: in the miseries
2,192 posts, read 1,081,037 times
Reputation: 2057
Sometimes elders change wills because their relatives have abandoned them.
I've seen quite a few people who benefited from seniors. They took care of
and cared for people who seemed to have no one.
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Old 03-11-2013, 01:56 PM
 
Location: Oregon
1,349 posts, read 1,106,443 times
Reputation: 940
It's Financial Elder Abuse. It is a crime but difficult to prosecute. I've seen it happen often.

Last edited by kadylady; 03-11-2013 at 02:07 PM..
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Old 03-11-2013, 02:03 PM
 
487 posts, read 353,250 times
Reputation: 986
This happened to me too!! I had to work , but my sister didnt so she
"took ($$$)" care of mother. After mother passed she ended up taking triips to Japan, Hawaii, Bahamas, Alaska and even managed to get my stepfather to leave the house to her in his will? No to also mention that when she bought mother new clothes she also bought her and outfit or two since they were the same size (shoes/makeup you name it) WTH? She still to this day says that it was her money she did all that with.
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