Even when the thief is caught and convicted for their crimes, the money has already been spent and the thief has no way to pay restitution.
Elderly people are advised to be careful about whom they trust.
If a person is new in an elderly person’s life and seems overly friendly, then the elderly person would be wise to guard his or her bank accounts carefully. However, because many elderly people suffer from a diminished capacity with age, they cannot prevent elder abuse on their own.
Consequently, it is important that friends and family members remain on the alert for it as well.
An elder law attorney can guide you in setting up safeguards to protect the elderly and their assets.
