Estate Planning & Elder Law Blog

10,000 Americans turn 65 every day. With an aging population, come a variety of new issues for society to address. One of those issues is elder financial abuse, which has been a growing problem over the past decade. According to a study in the American Journal of Public Health, 1 in 18 older “cognitively intact” adults falls prey to financial fraud or abuse in a given year.

It would be wonderful to give you an absolute yes or no but like so many things, it is important to analyze how your specific circumstances factor into the answer.