The Educating Seniors Project, sponsored by the Trusts and Estates Section of the State Bar of California, informs seniors, their families, and the community about laws and resources for protection against elder financial abuse.
Facts About Elder Financial Abuse
- The average age of an investment fraud victim is 69
- 90% of abusers are family members and caretakers
- In 2010, elderly victims lost at least $2.9 billion to financial exploitation
Our volunteer attorneys offer free public presentations about common “scams” and prevention strategies to combat financial abuse.
We have several resources available to help guide you through your estate planning and learn how to avoid scams. Our “Seniors Contact Card” is available in Spanish, Chinese and Korean languages. Write to TrustsAndEstates@calbar.ca.gov to request a copy in those languages.
Seniors should be alert to common scams and evaluate the risks of financial sales involving:
What Seniors can do to avoid becoming a victim and when an Attorney can help.