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Abstract: 

This article discusses the financial exploitation of seniors. Various types of exploitation are explored, using examples from the author’s practice. Definitions of financial exploitation vary by jurisdiction but approximately 90% of cases involving misuse of assets of a senior are the result of exploitation by a family member of the senior or a friend of the senior. The author discusses both civil and criminal remedies and addresses some methods of prevention of financial exploitation. The second part of this article deals with the remedies available to redress financial exploitation.

Keywords: definitions for financial exploitation; power of attorney problems; undue or acceptable influence; home equity and fraud

Affiliations:  1: Kirtland & Seal, LLC.