Most banks offer configurable alerts that can catch unusual activity faster than a periodic manual review.
Worth setting up
- Alerts for transactions above a threshold you choose
- Alerts for new payees or account changes
- A trusted contact designation, which lets your bank reach a person you name if they notice suspicious activity
Ask your bank specifically about a "trusted contact" feature — many now offer this exactly for situations like financial exploitation concerns.
This article is general information, not financial or legal advice. Rules, costs, and program details vary and change over time — confirm current specifics with a licensed financial advisor or elder law attorney before making a decision.