HOUSTON (FOX 26) - It’s estimated there are 3.5 million of unpaid family caregivers in Texas….that includes children taking care of parents. Most of those caregivers manage the finances.
Texas Appleseed and AARP have developed guides on how to identify financial exploitation, and what to do.
Designating the right person to control the finances is vital. The risk of elder financial abuse is huge, even among family members. Estimates are 60% of financial exploitation is committed by family members.
Online services and Apps that offer protection.