Protecting Your Older or Susceptible Family Members from Financial Exploitation
According to the National Council on Aging, scammers are targeting older adults at increased rates, in an effort to gain trust and steal money. Scams include fake profiles on online dating sites, impersonation of grandchildren, and technical support scams.
Maryland law allows a private right of action to protect older or susceptible adults from financial exploitation. If you are an authorized representative of an older or susceptible adult, you may also bring a lawsuit on their behalf to recover any property, income, resources, or trust funds that were taken or used illegally. This law is known as the SAFE Act. Older adults are defined as over the age of 68, while susceptible adults are those persons who cannot operate one or more of their daily living activities, or have diminished executive functioning due to a variety of factors as defined by the statute.
If you are a victim of financial exploitation or an authorized representative of a victim and have questions, Lewicky, O’Connor, Hunt & Meiser stands ready to provide legal support to you. None of the information provided in this article constitutes legal advice. Every situation is different and should be thoroughly reviewed by and discussed with your legal advisors. Please do not rely on the contents of this article as a basis for making decisions regarding your particular situation. Please call us to schedule a consultation at (410) 489-1996.
Lisa White
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