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Interview with Third Age | Elder Financial Abuse

Elder Financial Abuse | Third Age.jpgI'm delighted to be a part of an interview that thirdAGE, a premier health and wellness site targeted to women 45 and older, posted today. thirdAGE is a powerful and well-respected platform for building awareness and empowering this group of women. The interview is posted at the site's article "Elder Financial Abuse: Signs and Prevention." The article addressed the five common types of senior financial abuse that are referenced in my book, The Wolf at the Door: Undue Influence and Elder Financial Abuse. Those five types are misappropriation of income; improper actions by an attorney; undue influence; investment fraud; and repair scams.

It's gratifying to be a part of America's increasing movement to protect elders from financial abuse, and elderly women are more and more victims of this silent crime epidemic. Women not only have a longer life expectancy; of patients suffering Alzheimer's disease, two-thirds are women, with a prevalence doubling every five years after the age of 65. That means female seniors can be especially vulnerable to exploitation. It's critical that family members communicate with their elderly loved one and with each other to take the steps necessary to stop elder financial abuse before it starts. Thank you to Brooke Sager, an outstanding journalist, and thirdAGE for addressing this very important subject.

Interview with Third Age | Elder Financial Abuse from Hackard Law on Vimeo.

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