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What is an Elder Dependent? A Comprehensive Guide to Understanding Elder and Dependent Adult Support

According to the National Council on Aging, financial exploitation of older adults results in an estimated loss of over $28 billion annually. Understanding **what is an elder dependent** is crucial, as the term encompasses specific legal and financial responsibilities, defining the relationship between a caregiver and a vulnerable adult in need of support. This designation carries important implications for both care planning and accessing benefits.