Elder Financial Abuse

Financial exploitation occurs when a person in a position of trust—such as a family member, agent under a power of attorney, or professional caregiver—uses that position to gain unauthorized access to a senior's wealth. A central component of these cases is "undue influence," where the predator utilizes psychological manipulation or isolation to overcome the senior’s free will. We perform a detailed evidentiary review to identify the "indicia of undue influence," such as the sudden change of a long-standing estate plan or the isolation of the senior from their primary support network.

Many states have enacted mandatory reporting laws that require financial institutions and healthcare providers to notify Adult Protective Services (APS) or law enforcement when they suspect financial abuse. These reports often serve as the initial evidentiary trigger for a broader investigation. However, administrative reviews by APS are often limited in scope and do not always result in the recovery of funds. SJKP LLP acts as an aggressive legal safeguard, moving beyond administrative reports to initiate formal litigation and freeze disputed assets through emergency court orders.

Individuals granted authority through a Durable Power of Attorney or as a Trustee owe a fiduciary duty of absolute loyalty and care to the senior. Any transaction that benefits the fiduciary at the expense of the senior is presumed to be fraudulent under many state laws. We specialize in "fiduciary litigation," holding agents and trustees to the highest standards of accountability. If a fiduciary has co-mingled funds or engaged in self-dealing, we provide the incisive insight required to secure their immediate removal and a full accounting of all missing assets.

Real estate is often a senior's most valuable asset and a primary target for exploiters. Fraudulent schemes may involve the forging of quitclaim deeds or the use of "predatory lending" where a senior is tricked into signing a high-interest loan they cannot afford. We utilize forensic property audits to trace unauthorized title transfers and initiate "quiet title" actions to restore the senior's ownership. Protecting the home is a jurisdictional priority that prevents the senior from being involuntarily displaced from their primary residence.

A Durable Power of Attorney is a powerful legal instrument that, in the wrong hands, becomes a "license to steal." Predators often use this document to change beneficiary designations, withdraw funds from retirement accounts, or open new credit lines in the senior's name. Our litigation team specializes in the "nullification of forged or coerced instruments," proving that the senior lacked the capacity to sign the document or that the agent acted outside the scope of their legal authority.

Professional and "informal" caregivers often exert a significant degree of control over a senior's daily life. This proximity allows them to engage in "grooming" behaviors, where they alienate the senior from their family members to become the sole beneficiary of the senior's generosity. We conduct a clinical assessment of the caregiver relationship, identifying patterns of isolation and financial "seepage" that indicate systemic abuse. Restoring the senior's connection to their family is often the first step in breaking the cycle of exploitation.

Modern financial abuse leaves a digital trail across bank accounts, wire transfers, and credit card statements. Our forensic accountants perform a granular "money trail" analysis to identify exactly when and where the assets were diverted. This evidentiary strategy is essential for proving the magnitude of the loss and identifying third parties who may have assisted in the fraud. We do not rest until every misappropriated dollar is accounted for in our clinical litigation plan.

To prevent the terminal loss of liquidity, we frequently seek "Temporary Restraining Orders" (TROs) to freeze bank accounts and prevent the sale of real estate while the litigation is pending. These high-pressure proceedings require a showing of "irreparable harm," which is readily established when a senior's life savings are at stake. By securing the status quo, we ensure that there is a pool of assets available to satisfy a future judgment, providing the definitive resolution our clients require.

Many state elder abuse statutes provide for "enhanced remedies," allowing the court to award three times the actual damages (treble damages) and mandate that the abuser pay the victim’s attorney fees. These provisions are designed to make it financially feasible for families to pursue justice against exploiters. SJKP LLP aggressively pursues these statutory awards, maximizing the financial consequences for the abuser while minimizing the net cost of litigation for the victim’s family.

Undue influence is rarely proven through direct evidence; instead, it is established through a series of circumstantial factors. These include the senior's physical or mental weakness, the "unnatural" nature of the gift (e.g., leaving assets to a new caregiver instead of long-term heirs), and the predator’s active involvement in procuring the legal documents. We build a meticulous "chronology of influence" to demonstrate to the court that the transaction was the result of a coordinated scheme to defraud rather than a voluntary act of generosity.

In high-stakes cases, we coordinate with world-class medical experts to perform retrospective capacity assessments. By reviewing medical records, medication logs, and witness statements from the relevant period, these experts can provide an opinion on whether the senior was capable of understanding the nature and consequences of their financial decisions. This clinical evidence is often the "smoking gun" that leads to the invalidation of fraudulent deeds, trusts, and power of attorney documents.

The most common defense in elder financial abuse is the claim that the senior intended to make a gift. However, under many state laws, a gift to a "confidential advisor" or caregiver is subject to heightened scrutiny and may even be presumed fraudulent. We utilize the "presumption of undue influence" to shift the burden of proof back to the defendant, requiring them to prove by "clear and convincing evidence" that the gift was fair and voluntary. This tactical advantage is essential for securing a favorable resolution in complex family or caregiver disputes.