Caregiver Financial Abuse

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2175 Point Blvd., Suite 150, Elgin, IL 60123

Chicago Attorneys for Caregiver Financial Abuse

chicago financial exploitation attorney

Financial Exploitation of Elders in Elgin, Rolling Meadows Barrington, and Throughout Cook County

As our loved ones age, they may experience lapses in judgment and understanding. As a result, they often become targets of fraud and financial abuse. People who commit crimes against the elderly represent a wide spectrum of relationships. Seniors may experience financial loss at the hands of children, relatives, close friends, medical staff, and even those who provide regular care.

At the Law Offices of Anthony R. Scifo, we understand the value of trust. Caring for a loved one in their later years often requires a team of people to support their needs, but building a circle of trust has its challenges. If you suspect that your loved one is a victim of financial exploitation, you can count on our Chicago caregiver financial abuse lawyers to take immediate action to recover assets and demand justice for victims.

Signs of Caregiver Financial Abuse

Because of the nature of their work, caregivers can often quickly gain a position of trust with the clients they care for. This kind of relationship can be extremely beneficial to an elderly patient, but when ill motives are involved, it can prove to be detrimental. If you or someone you know has been financially victimized in a nursing home, by an in-home care provider, or in an assisted living facility you may have a claim to compensation under the law.

Some common signs of financial abuse against a senior may include:

  • A sudden change in an estate plan, including wills and trusts;
  • Misuse of Power of Attorney by caregivers or family members;
  • Being prohibited by staff to visit with the nursing home resident;
  • Frequent incidents of theft of personal belongings including cash or jewelry; and
  • Behavioral changes such as fear or nervousness.

Of course, some signs are not as easy to see, such as odd spending patterns in a bank account, changes to beneficiaries on life insurance policies, asset transfers, and adding an authorized user to a credit card. These kinds of changes require an inside view of how the resident's finances are being handled. There is much at stake. Our firm is committed to investigating claims of elder financial fraud and abuse. We demand accountability.

In Illinois, there are several laws that protect the elderly and disabled against financial exploitation. For example, the Illinois Nursing Home Care Act (210 ILCS 45/) provides an avenue for those who experience financial exploitation in a nursing home setting to make a compensation claim to recover assets. The Adult Protective Services Act (320 ILCS 20/) was also created to protect the elderly from harmful acts.

Fighting Against Financial Exploitation in Cook County

It is important to involve an attorney immediately if you suspect financial exploitation of a senior or disabled person. An attorney experienced in elder law litigation will take action to cease financial mismanagement by reviewing and updating Power of Attorney documents, removing access of the abuser to the victim's accounts, challenging updates to an estate plan, and appointing a trusted guardian or executor to handle the resident's estate. Our firm has a proven record of success in obtaining the most favorable results possible in such matters.

Contact an Elgin Nursing Home Financial Abuse Attorneys

We provide an array of legal services to help protect your loved one from further abuse, and when possible we seek to recover lost assets. To learn more about how we can help, please contact us to schedule an initial consultation today. We serve the Chicago area, including Elgin, Rolling Meadows, Barrington, Carpentersville, South Elgin, Lake In the Hills, Crystal Lake, Geneva, St. Charles, Kane County, Cook County, and surrounding counties. Please call 847-628-8311.

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