Elder Financial Abuse and Electronic Financial Instruments: Present and Future Considerations for Financial Capacity Assessments

Living free from abuse, neglect, and exploitation is considered a fundamental right for older adults.1 While there are various definitions of elder abuse, no universal standards exist for reporting these offenses,2-7 creating a fractured system of elder financial abuse (EFA) research, prevention, and response, including recovery of funds.2, 7 Although economic stability is one of five social determinants of health recognized by the United States (US) Centers for Disease Control and Prevention (CDC),8, 9 EFA remains one of the most common yet under-reported forms of elder abuse,10 often involving significant suffering regardless of the legal outcome.

Source: The American Journal of Geriatric Psychiatry - March 4, 2021 Category: Geriatrics Authors: Aaron J. Greene Tags: Special Article Source Type: research