[shrinkermd]

FYI

[thoughtomator]

I worked with someone who bragged about selling her grandparents' $550k home and pocketing the money.

[staytrue]

for many people, the proper strategy is to strip the parents of assets so they qualify for medicaid to pay for nursing/medical care, otherwise the govt. requires the elderly to spend all their assets first.

also, some people need to get under the 2 million inheritance tax cap which means over 2 mil and the feds take 50% the state and attorneys also get their cut.

[centurion316]

And, as soon as society permits assisted suicide, or something similar - families will begin murdering their family members to get at their cash and be rid of the burden of caring for them.

[YellowRoseofTx]

This kind of behavior is so hard for me to believe people are capable of, even though I know it happens.

Through the years my dad was sick, after my mother's death, I spent most of my time and energy protecting him and his assets. Even after his death I was still in protective mode for months.

[APRPEH]

this is a brutal type of crime. i cannot see the article, so apologies if this was said in the article.

in the area of identity theft and elderly abuse, often proving there was victim can be difficult. often the victim, doesnt know exactly what they were doing, trusting the perpetrator. other times, the fraud is committed under duress and the victim may seem to be a willing partner while all along only cooperating out of fear.

i have seen these cases where a fraud investigator says something like "he {the victim} is on the videotape or we have {voice authorization}. proving elder abuse in financial matters can be really tough.

[HarleyLady27]

Yep, I can verify this. My x was told by the divorce judge that out of his pension he had to leave me $30.000.00. So when I turned in to my daughter, the Estate Person, she said: "I don't have to honor this, your divorced, should have stayed married to him, you would have gotten all, but now you get nothing."

I can sue the Estate....but how do you feel, a mother sueing her children????

[navygal]

How sad.

[longtermmemmory]

However we have to be careful, there are government bureacrats who would welcome mandatory senior homes where they could "take care" of senior citizens and their money.

Even decide how old they should allowed to be before they are "too old."

Just saying we need to be cautious.

[surely_you_jest]

This is a very old story in Florida. It was an old story 35 years ago when I was in law school. Some things are eternal. This, sadly, is one of them.

[CORedneck]

My great uncle got a sizable inheritance back in the 1920/1930's. Since he was a minor, it was put into a conservator-ship. By the time he was of legal age, the money was gone - cleaned out by the lawyers. Pretty sad !

I think a better method would to be lock up the money until legal age in a special account paying enough interest not only to keep up with inflation but also appreciate beyond that. Lawyers would be barred from robbing the minor blind !

[Vinnie]

This is sick but I know it happens often.
I was in charge of part my mother's estate while she was in a nursing home.
I kept her monies separate from mine. Even not having a joint account with her.
Had I been in an auto accident and was sued, they could have come after her funds. I didn't want that to happen.
Her funds were able to pay for the years she was in the home.
She passed away in 2002, was born in 1900. She saw part 3 centuries.

[Justa]

Makes perfect sense that the first victims of Moral Relativism would be close relatives.

[OldEagle]

Nobody will screw you out of money better than family.