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« Elder Abuse | Main | Useful Durable Power of Attorney Provision. »

December 21, 2006

More on Elder Abuse. A Useful Primer on Financial Elder Abuse.

The California Bankers Association is the largest banking trade association with a very informative website on issues involving banking. One issue that is prevalent day in and day out in the banking industry is financial elder abuse.

Banks and their employees are often in touch with their elderly clients more than any of us. Simply because people bank often. Bankers and their staff see clients all the time and may be in a good position to prevent elder abuse.

The Calbankers website has a very nice primer and training materials on financial elder abuse.  Also available on the site is a sample fraud alert form that bankers can use to help their elderly clients spot financial elder abuse. It is a form that bankers ask clients to complete regarding their banking transaction if the banker suspects that something is amiss.

See also my post yesterday on California's elder abuse statutes for more information.

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