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The High Cost of Financial Elder Abuse During the Holidays


No matter which way you look at it, nursing home abuse is a deplorable act, as it targets one of the most vulnerable demographics of our nation. Unfortunately, it is problem that is growing at an embarrassingly swift rate, and despite sincere efforts to put an end to it, elder abuse is hard to track and therefore, hard to get control of.

Sadly enough, the holidays see a spike in nursing home abuse, especially where it concerns financial exploitation. Financial exploitation is always a major concern for the elderly, but it becomes an even greater concern over the holidays. If you have an elderly loved one in a nursing home, our Orlando nursing home abuse lawyers would like to give you a word of caution: be wary of financial exploitation by nursing home staff, and if you have not done so already, take proactive measures to safeguard your loved one’s accounts and assets.

The Real Price of Financial Elder Abuse

Many individuals are unaware of the real threat that financial elder abuse poses to our nation as a whole, but they should educate themselves—especially if they have elderly loved ones in nursing homes, or are a part of the 60 and up demographic. Elder abuse costs older Americans an outstanding $2.9 billion dollars each year. According to the MetLife Study of Elder Financial Abuse conducted by Virginia Tech University, dollar losses were heightened during the holidays—specifically during the months of November and January. The character of financial elder abuse also changed during those months; whereas during the rest of the year a majority of financial elder abuse cases were committed by nursing home attendants and strangers, 50 percent of cases were committed by friends and family members during the holidays.

Protect Your Elderly Loved Ones

Whether your loved one is a victim of physical nursing home abuse, nursing home neglect, or financial elder abuse this holiday season, the best way to protect them from further abuse would be to hire an Orlando nursing home abuse lawyer. In order to fully understand the charges a perpetrator might face, as well as the rights of your elderly loved one, refer to Florida Statute 825.102.

Subsection (3)(a) specifically deals with financial exploitation of elderly individuals, and makes clear that financial elder abuse is a form of aggravated abuse, which is charged as a felony of the first degree and is punishable as provided in s. 775.082, s. 775.083, or s. 775.084. A person may be found guilty or financial exploitation even if they did not actually commit the crime, but simply failed to take reasonable efforts to protect the elderly individual.

In order to prove that your loved one is a victim of financial elder abuse or nursing home abuse in general, you must be able to prove the following elements to be true:

  • The victim is in fact an elderly individual, meaning that they are 65 or older;
  • An act or omission occurred;
  • The victim suffered an injury as a result (physical or psychological); and
  • Causation, meaning that you must be able to demonstrate that the injury was a direct result of the criminal behavior of the defendant.

If you are dealing with financial exploitation, you must be able to prove that the person who committed the crime assumed some caregiver function over the elderly victim.

Consult an Orlando Nursing Home Abuse Lawyer

At The Pendas Law Firm, our Orlando personal injury lawyers advocate for those who are unable to help themselves. Elderly individuals are prime targets for criminals, especially during the holidays. Now is the time to remain vigilant of your loved one’s physical, mental, and financial health, and to report any significant changes that you might see. If you notice that anything is askew, reach out to our nursing home abuse lawyers to learn more about the legal options available to you. Contact our Orlando personal injury law firm right away at 1-888-LPENDAS to schedule an initial consultation today.

We also service clients in the Jacksonville, Tampa, Fort Lauderdale, Miami, West Palm Beach, Daytona, Bradenton, and Fort Myers areas.


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