We are in the heart of tax season, with less than a month left before the April 15th filing deadline. As you sort through your personal paperwork your head may spin while trying to understand complex rules regarding deductions, tax rates, and more. Financial matters are complex. That is exactly why professionals are involved in many transactions, because it is difficult for regular community members to figure it out on their own.
Unfortunately, it is for the very same reasons that senior financial exploitation is such a common problem. Anyone is at risk of having their money taken in various scheme, but seniors have unique vulnerabilities that make them prime targets for abuse.
Considering finances are on the mind of many Chicagoans this season, it is a perfect time to offer some reminders about the prevalence of elder financial exploitation and the signs that may indicate a senior in your life is affected.