Older people are a common target for financial scams. Unfortunately, scammers recognize that this group is vulnerable to attacks and will often target them with various schemes to take their money. If you or a family member has fallen victim to elder financial abuse, our elder financial abuse lawyer in Los Angeles can assist you.
Many people assume they have no options when they or a loved one is scammed. In many cases, however, banks and other institutions may have been liable for allowing this abuse to happen and may owe the victim reimbursement. It is crucial to understand your options.
At Arias Sanguinetti, our team has a proven track record of helping those affected by elder financial abuse recover the damages they deserve. Let our team of Los Angeles elder abuse lawyers use our over 300 years of combined experience to help you get the compensation you deserve. Contact us today to arrange a free case review.
Don’t Hesitate to Hire an Experienced Los Angeles Elder Financial Abuse Attorney
If you or a loved one has experienced elder financial abuse, it’s vital to understand that there are strict time limits for filing a lawsuit. In California, the statute of limitations for elder financial abuse generally allows for four years from the date of the abuse to file a lawsuit. Missing this deadline can prevent you from seeking compensation for your losses.
Reaching out to our Los Angeles personal injury lawyer soon after the incident is the best way to ensure you meet all deadlines. Your lawyer can ensure that all your paperwork is filed on time and determine if any exceptions apply to your case.
Hiring our Los Angeles elder financial abuse attorney early may also enhance your chances of building a strong case. We will be better able to gather evidence, including any relevant documentation or witness statements, while the details are still fresh in their minds. This proactive approach can significantly strengthen your case against those who have exploited your loved one’s trust.
How Much does it Cost to Hire Arias Sanguinetti to Help with My Case?
When you choose to work with the team at Arias Sanguinetti, you won’t need to worry about not being able to afford our services. We do not charge a retainer fee, nor do we bill you by the hour. Our Los Angeles elder financial abuse lawyers only receive payment if we successfully obtain compensation for you. If we do not obtain money on your behalf for your losses, you won’t owe us anything.
We understand that you may already be experiencing financial difficulties due to the elder financial abuse your loved one has suffered. We aim to ensure that your pursuit of justice does not further strain your finances.
When we obtain compensation from the responsible party, our fee will be a fixed percentage deducted directly from the amount obtained at a fixed rate.
This pricing model allows us to provide experienced legal representation to anyone impacted by elder financial abuse, including families coping with the serious repercussions of exploitation, regardless of their financial means. Your priority should be on healing and moving forward, and we are here to support you without the burden of upfront legal costs.
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Types of Elder Financial Abuse
Scammers tend to target older people with financial fraud schemes because they are generally more vulnerable to manipulation. In addition, many older adults have a substantial nest egg that they’ve built up throughout their lives. Some of the scams most commonly used against this portion of the population include:
- Persuading them to invest in fraudulent investment opportunities
- Manipulating them to alter their wills and leave part or all of their estate to the scammer rather than their family
- Stealing their account passwords or convincing them to share their passwords under the guise of “helping” with financial management
- Directly stealing cash or goods from the older person’s home
If your loved one was taken advantage of by a nursing home worker, our team of Los Angeles nursing home abuse lawyers can help you file a lawsuit to obtain the compensation you need and deserve.
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Most Elder Financial Abuse Cases End Up Settling Out of Court
When seeking compensation for elder financial abuse, it’s important to understand that your case will likely settle out of court. Most of these cases are resolved through settlements. Settlements provide a quicker path to obtaining compensation than a trial, which is especially crucial for older individuals who may need immediate financial support.
While reaching a settlement is common, it’s essential to have our elder financial abuse attorney in Los Angeles review any offers to ensure they are fair before you accept a deal. Additionally, you want a lawyer who is prepared to take your case to trial if necessary, as a settlement may not be feasible, and this willingness can provide leverage during negotiations.
Our Los Angeles elder financial abuse lawyers have decades of courtroom experience, and we are known in the legal field for our track record of success. We will never accept a lowball settlement offer on your behalf and are more than willing to represent you at trial to help ensure you recover the money you need.
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Get Help from an Experienced Elder Financial Abuse Lawyer in Los Angeles Today
If you or a loved one has suffered from elder financial abuse, obtaining compensation from the responsible party to make up for what was lost is vital. The best thing you can do for your case is to hire an experienced elder financial abuse lawyer from Arias Sanguinetti. Our personal injury attorneys have successfully recovered over $1.5 billion in damages for our clients.
Reach out to us today to set up a free evaluation with a member of our legal team, and don’t hesitate to explore our case results to see how we have assisted others in similar situations.
Call or text 310-844-9696 or complete a Free Case Evaluation form