It is predicted that three new proposals will be passed in California that will reinforce regulations against the mistreatment of elderly people in the state. It is proposed that, among other things, the concept of undue influence would be revised in relation to the abuse of wealthy elderly people. It is now mandatory for Notaries Public to report any instances of suspected financial elder abuse when they come across such instances. In order to improve regulations that protect vulnerable elderly people from financial elder abuse, these new criteria are intended to provide additional protection. The new legislation, according to lawyers in Oakland who specialize in elder abuse and financial matters, are a welcome weapon that will assist in the fight against financial fraud committed against the elderly. Recently, officials in the state of California have been accused of overlooking or ignoring accusations of abuse committed against elderly people. According to a study that was published by the Center for Investigative Reporting, in 2009, the California Department of Public Health issued an order to its investigators to reject around one thousand complaints that were filed because of allegations of financial elder abuse and theft. The implication of this is that those one thousand complaints may have been dismissed without any inquiry being conducted. According to lawyers in Oakland that specialize in cases involving financial elder abuse, each and every accusation of financial elder abuse and neglect should be examined. The unfortunate reality is that a significant number of instances of elder financial abuse are committed by members of the family who were supposed to look out for the best interests of their children and other loved ones. As soon as a power of attorney is granted to a member of the family, that individual begins to have authority over the elderly citizen’s financial matters. In many cases, this results in elder abuse via financial means. Abuse of a financial nature done by a member of the family is less likely to be reported than other forms of elder abuse. Elder abuse lawyers in Oakland would want to bring to the attention of the general public the fact that the number of cases of financial elder abuse is continuing to rise. Notaries Public are required under Assembly Bill 477 to report instances of financial elder abuse when they have some reason to suspect it. According to Assembly Bill 140, the concept of undue influence in relation to financial elder abuse has been made more current. When it comes to situations in which elderly folks are subjected to financial exploitation at the hands of those who have the power of attorney, Assembly Bill 381 grants the court the authority to award attorney’s fees and expenses. Cases involving elder abuse, financial elder abuse, physical elder abuse, annuity fraud, consumer fraud class actions, insurance fraud, and banking fraud are among the practice areas that Evans Law Firm, Inc. handles. You may reach Evans Law Firm, Inc. at 415-441-8669 for a free and private consultation if you believe that you have observed or are the victim of elder abuse or financial fraud. Alternatively, you can send an email to info@evanslaw.com. Thank you for your time and consideration.
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