Financial Abuse is the New Form of Nursing Home Abuse

Financial abuse in the context of nursing home abuse means that an employee or administrator uses or mishandles the funds of residents in some way.  Mishandling funds means that nursing home residents will not have access to their funds when they need them and may end up in financial trouble even if they should not be having any financial problems.  Financial abuse does not deal specifically with cash funds.  Anyone with access to a bank account, stocks, or other funds that count as assets or funds can be abused when a person is a resident in a nursing home.  There are many examples of financial abuse that take place in nursing homes.  An employee stealing a resident’s checkbook and writing a check that is not authorized is financial abuse, especially if the employee forges the signature of the resident.  Someone who steals cash from a resident’s wallet or handbag is committing financial abuse in a nursing home setting.  Making bad investments on behalf of a resident without their knowledge is also financial abuse by a nursing home employee.  All of these things take away the assets of nursing home residents and leave them in a worse financial situation. 

The Nursing Home Neglect Law Offices of Young and Wallin provides free consultations to all those in need. If you suspect a loved one may be the victim of nursing home neglect or abuse contact Mr. Young immediately to explore your options and preserve your rights. Elder Abuse Attorney Michael Young handles cases throughout California including Fresno, Bakersfield, San Diego, as well as nursing home abuse cases in Riverside, Los Angeles, Orange County and San Bernardino. Mr. Young is also will and able to handle nursing home neglect cases in Northern California including San Francisco, San Jose and Sacramento.