Aging and Money: Reducing Risk of Financial Exploitation and - download pdf or read online

By Ronan M. Factora

Increasingly, we listen of increasingly more elders falling sufferer to monetary exploitation. even supposing this manner of elder abuse has been well-known for years, its occurrence, occurrence, and influence at the universal person has been in simple terms extra lately delivered to the highlight. regardless of those conditions, attractiveness of chance elements and symptoms of monetary exploitation aren't broadly disseminated. also, as soon as events are pointed out and faced, the data of what to do subsequent is missing. those gaps are current in the scientific group, law-enforcement, and the finance group – parts the place possibilities for attractiveness and intervention are universal. Our elders frequently don't know of what to do once they see their very own probability or once they fall sufferer. Aging and cash: lowering danger of monetary Exploitation and keeping monetary assets helps clinicians to combine identity of such signs of abuse into their geriatric evaluation in addition to advisor them in appearing an evaluation of an contributors’ monetary selection making ability whilst appropriate.

Aging and funds: decreasing possibility of monetary Exploitation and maintaining monetary Resources is a necessary new textual content that offers the practising clinician with details on opting for possibility elements and medical clues linked to monetary exploitation and the way to include those steps into their practice.

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Extra resources for Aging and Money: Reducing Risk of Financial Exploitation and Protecting Financial Resources

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It will offer recommendations for a multidisciplinary approach to preventing and combating elder financial abuse. Scope of the Problem Because only one in 25 cases of elder financial abuse are reported, it is difficult to know the prevalence of elder financial abuse [4]. Also, there is variation in the definitions used. Variation in State statistics and national data is not collected [4]. Elder financial abuse goes unreported for several reasons. Victims often fear reporting because of safety concerns.

Physicians are often reluctant to ask about elder abuse; approach of this topic has been seen as akin to “opening Pandora’s box” [13]. Busy clinicians are very sensitive to time constraints. A lack of time may prevent physicians from screening for elder abuse or providing patients with the opportunity to report it. Physicians and clinical staff have significant difficulty recognizing abuse. Limited availability of brief and effective clinical screening tools for elder abuse and knowledge of reporting procedures are also reported barriers, though developments in this area are progressing (see Chap.

Committee on National Statistics and Elderly Committee on Law and Justice, Division of Behavioral and Social Sciences and Education. Washington. National Academies; 2003. T. M. Podrazik 46. 2005 White House Conference on aging. Report to the President and Congress. The Booming dynamics of aging: from awareness to action. pdf 47. Investor Protection Trust. Results of the IPT elder fraud and financial exploitation survey of experts: family members, caregivers and swindlers are top financial exploiters of older Americans.

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