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Elder Financial Abuse Awareness Protecting Seniors from Exploitation

Sharp Asset Management Inc. is an independent Portfolio Management firm that is 100% owner operated. We are not affiliated with any financial institution, securities firm or mutual fund company. As a result, our investment decisions are unbiased and we do not earn any commissions or fees on investments we choose on behalf of our clients.

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Elder Financial Abuse Awareness Protecting Seniors from Exploitation

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  1. Sharp Asset Management Inc. Elder Financial Abuse Awareness: Protecting Seniors from Exploitation 416-722-9009 contact@sharpasset.com

  2. What Is Elder Financial Abuse? Financial exploitation is the most common form of elder abuse. Lack of a strict definition, but a shared understanding. Occurs when someone takes control of a senior's belongings for personal gain. Involves money, property, and personal information. Highlighting the ethical and legal violations.

  3. Key Characteristics of Elder Financial Abuse Unauthorized control over finances. Forging signatures or manipulating documents. Coercion, intimidation, or undue influence. Misusing a senior's funds for personal expenses.

  4. Impact and Consequences Emotional toll on the elderly. Erosion of trust within families. Financial hardship for the victim. Potential loss of assets and financial security. To find out more, click here: https://www.sharpasset.com/what-is-elder-financial-abuse-how-to-avoid-becoming-victim

  5. Factors Contributing to Elder Financial Abuse Vulnerability due to age-related cognitive decline. Isolation and lack of social support. Dependence on caregivers or family members. Misplaced trust in individuals who take advantage.

  6. Prevention Strategies for Elder Financial Abuse Strengthen communication within families. Educate seniors about potential risks. Appoint a trusted financial guardian or power of attorney. Regularly review financial statements and accounts. Be cautious of unsolicited offers or requests. Consult the professionals at Sharp Asset Management in Toronto

  7. Contact us 21 Greenwin Village Road, Toronto, Ontario, M2R 2R9 416-722-9009 contact@sharpasset.com P.O BOX 74539 Humbertown Centre, 270 The Kingsway Toronto, ON M9A 5E2 www.sharpasset.com

  8. Thank you

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