What is financial abuse? Financial abuse is theft of money, property or personal information. It can also include the misuse of money or property, or withholding funds. It’s usually a pattern rather than a single event, occurring over a long period of time and it may not be detected until funds are severely depleted. Financial abuse can negatively impact your health by reducing the resources available for proper housing, good nutrition, medication and healthy connections.
For more information about this topic, attend our interactive workshop, Financial Wellness for Seniors where you’ll learn more about topics such as:
• What is financial abuse?
• Who might be an abuser?
• Why do financial abusers target seniors?
• Health & mental capacity
• Warning signs
• Examples of financial abuse
• Preventing financial abuse
• What can be done about financial abuse?
• Counterfeit bank notes
• Advanced planning tools: Will
• Advanced planning tools: Power of attorney
• Advanced planning tools: Joint bank accounts