Family
Apr. 4, 2014
If you can't swindle them, marry them
The low level of mental competence required for marriage has made this a fertile field for a new form of financial elder abuse. By Ellen McKissock
Legislation in the 1990s prevented attorneys and caregivers from swindling elders by having themselves named as beneficiaries under the elder's will or trust. Not to be foiled, caregivers - and even some attorneys - have taken to marrying their clients. Adult children find themselves disinherited, or even worse, supporting a destitute parent whose assets have been pilfered by the new spouse. The low level of mental competence required for m...
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