Financial Abuse by Family Members, with Nichole Smith

Nichole Smith at CarePartners Senior Living says that surprisingly, a majority of financial abuse comes from family members. We often have so many red flags that families are squirreling away money. When a person loses their safety awareness, of course they trust their family more than anybody else, and family members may be making decisions which they think are in the best interest of their loved one, but later down the line it may make it so they can’t get on a state Medicaid program because they’ve gifted money within the last five years.

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