What is Considered Financial Exploitation of an Elderly Person under Florida’s New Elder Exploitation Laws?
Legal protections for Florida’s elderly residents from financial exploitation were strengthened by a new law, effective October 1st, 2014. This new law defines exploitation as occurring when 1) a misuse of a power of attorney or guardianship duties result in unauthorized transfer of property, 2) personal assets are taken without authorization, 3) a vulnerable adult’s money is misused or transferred, or 4) a vulnerable adult’s assets are not effectively used for their support and needs.
If you or someone you love has been the victim of financial exploitation against an elderly person, contact Sean M. Byrne, Esq. at Bach & Jacobs, P.A. to discuss your options for recovery of those assets. Call our office at (941) 906-1231.