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Signs a guardian may be abusing a senior citizen

Some senior citizens require guardianship, so someone with proper mental faculties must take over decision-making tasks regarding the person's finances and health. Unfortunately, not everyone who signs up to be a guardian is trustworthy. There are many cases of people who had their bank accounts completely cleaned out by unscrupulous guardians.

3 benefits of estate planning

When they hear the term "estate planning," many people conjure images of wealthy families leaving vast inheritances and property to their children. However, estate planning is not just for the wealthy. Everyone can benefit from a comprehensive estate plan and the related issues, such as guardianship, trusts and wills.

When nursing homes are understaffed

Accepting the fact that one of your parents may fare better in a nursing home or continuing care facility can be tough, and the process of finding that ideal assisted living situation often proves to be, as well. When you place your loved in in a residential home, chances are, you want to feel confident in knowing that the care he or she will receive is comparable to the care you, yourself, would provide. Regrettably, this is often not the case.

How to challenge a guardianship decision

Many elderly citizens rely on the services of a guardian to help make important financial and life decisions. In many cases, the court ends up appointing a guardian. While many professional guardians will ensure the individual is safe, abuse has occurred in the past. 

4 signs your relative is financially abusing your aging parent

You want to think the best of your family members, but sometimes the signs are too alarming to ignore. If you are suspicious that your sibling or another relative is stealing money from your elderly parent, you are likely feeling anger and confusion. According to AgingCare, most financial elder abusers are family members. 

3 signs of unjust influence on an elderly family member

Elderly citizens need to have certain protections to safeguard finances from people who do not have their best interests at heart. This undue influence can take the form of transferring money from one account to another or simply taking advantage of another person's weaker state of mind. 

3 estate planning documents to review for the New Year

The holiday season is in full swing, and the new year is just around the corner. With 2018 about to start, it is the perfect time to review your estate plan. You should check up on your estate plan every year and after major life events. Some of your documents may be outdated and do not reflect your current wishes or values. 

Know the warning signs of financial elder abuse

Financial elder abuse is a growing issue for families in Colorado. As adults age, they face a higher risk of being victims of elder abuse, including financial abuse and exploitation. Financial abuse can significantly impact your family and make it difficult for you to pay for your parent’s care as they age.

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