Deciding to place a loved one in a nursing home is challenging but often essential for their well-being. Beyond attending to their physical and emotional needs, families must remain vigilant to the risk of financial exploitation.
Staff members, other residents or even family members may take advantage of vulnerable seniors financially. To protect your loved ones from such abuse in nursing facilities, it is essential to act quickly and secure legal help.
Financial abuse endangers your loved one’s well-being
Financial abuse is the unlawful or improper use of an elderly individual’s money, property or assets. This can take many forms, including:
- Accessing credit cards or bank accounts unauthorized
- Stealing money or possessions
- Forcing an elderly person to sign documents
- Overcharging for services or care
The impact of financial exploitation extends beyond monetary losses. Victims may face increased stress and anxiety, struggle to afford essential medical care or suffer from malnutrition due to insufficient funds for proper nutrition.
In extreme cases, the effects of financial abuse can result in physical injuries or even death. When this happens, families of injured elderly residents may need to take action.
Obtaining justice and compensation
While signs of financial abuse may not always be obvious, certain indicators should raise concern. Have there been sudden changes in bank account balances or unexplained withdrawals? Are there bills unpaid despite sufficient funds? Have there been changes in wills or power of attorney?
If you suspect financial exploitation has caused your loved one’s injuries or death, consider filing a personal injury claim against the abusers or the nursing home for negligence. This legal tool can enable you to recover damages for medical bills, pain and suffering and wrongful death. Taking this step is essential to ensure your loved one’s recovery and to advocate for their safety.