9,075
edits
Drew Jackson (talk | contribs) |
Drew Jackson (talk | contribs) |
||
Line 1: | Line 1: | ||
{{REVIEWEDPLS | reviewer = [[Kevin Smith]]|date= January 2018}}{{Managing Someone Else's Money TOC}} | {{REVIEWEDPLS | reviewer = [[Kevin Smith]]|date= January 2018}}{{Managing Someone Else's Money TOC}}When you've been appointed as an attorney under a power of attorney, you have an important role in keeping the adult safe. | ||
==Watch out for financial exploitation== | |||
Family, friends, neighbours, caregivers, fiduciaries, business people and others may try to take advantage of an older adult. They may take her money without permission, fail to repay money they owe, charge her too much for services, or not do things she has paid them to do. These are examples of financial exploitation or financial abuse. | |||
When your friend Martina appoints you as her attorney, you should help protect her. You should know the signs of financial exploitation for several reasons. | |||
# Martina may still control some of her funds and could be exploited. | # Martina may still control some of her funds and could be exploited. | ||
# Even if Martina does not control any of her funds, she still may be exploited. | # Even if Martina does not control any of her funds, she still may be exploited. |
edits