Criminals, including scammers and greedy, desperate or drug addicted friends and family members, exploit and steal the assets of some 5 million seniors every year in America. 60% of the perpetrators are family members. The number of victims is increasing at such a rate that elder exploitation has become an epidemic. The U.S. Centers for Disease Control and Prevention considers it a “public health crisis” because those who suffer from exploitation die three times faster than those who do not.
Some progress is being made.
Read more in this eye-opening article at: How Criminals Steal $37 Billion a Year from America’s Elderly.
Estate Planning attorney, Terry Garrett, is a member of the National Academy of Elder Law Attorneys and is active in the Texas and Austin Bar Associations. She graduated with honors from Cornell University. She was on the Dean’s List at Wharton Business School. She earned her J.D. at Columbia Law School, receiving the Parker Award and a Mellon Fellowship.
She assists families of people with special needs, people planning for the retirement years and people administering estates.