This daughter is concerned her mother is being taken for all she is worth.
My mom is an otherwise sane, smart and independent woman. At 60 years old she has worked for over 40 years, has been a home owner in New Jersey for over 40 years as well and has always been on top of her bills, credit and responsibilities. About 5 years ago she became involved in a relationship with a man who I can only call a con artist.
Even at 60 years of age, she is a prime candidate for elder financial abuse. She is alone and she has money. That’s an attractive combination for a would-be predator. And while most of this kind of abuse comes from family members, it also happens disproportionately to people with no spouse. Your mother hasn’t married this man, which is a small mercy. It’s not too late to act.
Don’t miss: My husband has terrible credit, so I’m buying a house alone—and I want pullout beds for his kids Why is your mother living with a man who treats her badly? It’s the same reason other people let ne’er-do-wells into their life, and allow them to take control: Fear and loneliness. A recent survey of 20,000 U.S. adults found that nearly half of people suffer from feelings of loneliness. Loneliness is both a health and social issue. It can also lead to difficult and upsetting situations such as this.
Do you have questions about inheritance, tipping, weddings, family feuds, friends or any tricky issues relating to manners and money? Send them to MarketWatch’s Moneyist and please include the state where you live .
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