he statistics on elder abuse are staggering. According to one estimate, 5 million elderly Americans are abused every year—often by someone they look to for care and protection. The National Council on Aging estimates that 1 in 10 Americans over the age of 60 have been the victim of some form of elder abuse. Unfortunately, as the population ages, the problem of elder abuse is expected to grow.
One of the most pernicious forms of elder abuse is financial abuse.