|
|
|
|
California Elder Abuse $2.1M Settlement
A recent elder abuse case in California highlights the financial aspects of elder use that legal experts say are common - and growing - as baby boomers age. The lawsuit resulted in a $2.1 million settlement between the nephew of the two elderly women and their neighbors, financial advisors, lenders and lawyers.
Taking advantage of the elderly
According to news reports, 98-year old Jeannette China and her 67-year old mentally challenged daughter Mona lived in a multi-family home in California which was valued at over $1 million. Due to their advancing ages and disabilities, their neighbors, Charlotte and Michael McManus, began caring for them as the women apparently had no other family in the immediate area. However, it wasn't until after both women died that their sole heir, a nephew who lived in Seattle, began to suspect that the women had been taken advantage of by the seemingly caring neighbors and various financial advisors, lawyers and lenders who were recommended by them.
The nephew filed a lawsuit alleging financial elder abuse. He claimed that the neighbors conned the elderly women into signing over their home and then took out a loan for $150,000 against the women's home to upgrade their own home and take expensive trips. He also claimed that the neighbors directed the women to a series of financial advisors, lenders and lawyers - all of whom helped to bilk the women out of their life savings. The defendants in the case all settled with the nephew to the tune of $2.1 million, although no one admitted any wrongdoing.
Elder abuse on the rise
Legal analysts say that cases such as this are on the rise and that elder abuse can manifest itself financially, physically and mentally - although the latter are far more common. Allegations of physical and mental abuse in nursing homes, adult day care centers and assisted living facilities are frequently in news headlines. In most cases, the elderly that are being abused either don't have immediate family in the area to protect them or the allegations of abuse are difficult to prove - especially when the elderly victim suffers from Dementia or Alzheimer's disease.
If you or a loved one has been the victim of any form of elder abuse, contact an experienced California elder abuse attorney to discuss your situation. Consultations are free, without obligation and are strictly confidential.
|
|
|
|
|
|
|
|
|
|
|
FREE CASE REVIEW |
|
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
State Law Center
|
Legal Resource Directory
|
Legal Articles
|
Insurance Advice and Quotes
|
FreeAdvice Answers
|
Community Forums
