Understanding the Pattern

Family members who have exploited others financially in the past may:
See themselves as entitled to family wealth.

Target vulnerable individuals, particularly those who are elderly, ill, or dependent.

Rely on tactics that have worked before, such as emotional manipulation, coercion, or misusing legal authority like power of attorney.

Exploit family dynamics, such as fear of conflict or a culture of secrecy, to avoid accountability.… Read More Understanding the Pattern

Dynamics of Elder Financial Abuse During Illness

When an elderly family member becomes ill, they may become more vulnerable to financial abuse due to declining physical or cognitive health, reliance on others for care, or increased trust in close family members. This can create opportunities for exploitation, especially in families where inheritance or financial disputes already exist. Below is a detailed examination of the issue:… Read More Dynamics of Elder Financial Abuse During Illness

What is Elder Financial Abuse in the Family Context?

Entitlement: A family member believes they “deserve” more of the inheritance or wealth.

Greed: Some relatives see an opportunity for financial gain and prioritize it over the elder’s well-being.

Caretaker burnout: Relatives providing care may feel justified in taking money or assets as “compensation.”

Addiction or debt issues: Family members with financial difficulties may exploit their elder relatives.

Mental health problems: The abuser might rationalize their actions due to unresolved emotional conflicts or jealousy.… Read More What is Elder Financial Abuse in the Family Context?