“Making the call [on elder fraud] is simple when the thief isn’t related to the client. But when the miscreant is a child or grandchild, family dynamics can muddy an otherwise clear situation.”

I was recently interviewed about when asking for financial help from an aging parent transitions from business as usual to taking advantage. My experience has been that many prefer a professional bring this up within the family first rather than immediately reporting to authorities. What’s considered “normal” in terms of financially relying on a parent varies greatly between families.

How would you prefer to handle the situation?

Read the whole story at financial-planning.com