Why elders? Understanding financial abuse
Content Summary
Why financial abuse of older people occurs
Intentional financial abuse of older people in the community is evident, but sometimes the abuse itself is unintentional. The perpetrator may be completely unaware that the actions they are taking constitutes abuse.
Abuse may result from intentions that were originally altruistic.
Abuse may also, on the other hand, involve criminal intent.
Several factors may contribute to the manifestation of intentional and unintentional financial abuse
Case Study: Annie'’s story
Annie is 80 years old, lives on her own and has become ill. Her doctor advises that she can no longer live on her own. One of her two daughters, Stacey, suggests she sell her house and come and live with her.
Info and resources to assist understanding elder abuse
Reports and reading
- Monash University Protecting Elders’ Assets Study: For love or money: Intergenerational management of older Victorians' assets 2011
- Monash University Financial abuse of elders: A review of the evidence
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