Abstract

http://ssrn.com/abstract=1273313
 
 

Footnotes (117)



 


 



Unconscionable: Financial Exploitation of Elderly Persons with Dementia


Matthew A. Christiansen


affiliation not provided to SSRN

May 15, 2008

Marquette Elder's Advisor, Vol. 9, No. 2, p. 383, 2008

Abstract:     
Millions of Americans must deal with the affects of dementia on an elderly family member. Once a person develops dementia it creates an acute potential for financial abuse. This article recounts the real life financial exploitation of Gladys Smith, an elderly woman with dementia. It then analyzes Gladys's estate plan in order to show how her exploitation could have been avoided or mitigated. The article offers four steps to preventing financial exploitation: (1) expecting the worst-case scenarios; (2) advance planning; (3) periodic communication; and (4) creating layers of protection to guard against the worst-case scenarios.

Number of Pages in PDF File: 33

Keywords: elderly, dementia, estate planning, financial exploitation, financial abuse, elder law, trusts, guardianship, power of attorney

Accepted Paper Series


Download This Paper

Date posted: October 6, 2008  

Suggested Citation

Christiansen, Matthew A., Unconscionable: Financial Exploitation of Elderly Persons with Dementia (May 15, 2008). Marquette Elder's Advisor, Vol. 9, No. 2, p. 383, 2008. Available at SSRN: http://ssrn.com/abstract=1273313

Contact Information

Matthew A. Christiansen (Contact Author)
affiliation not provided to SSRN ( email )
No Address Available
Feedback to SSRN


Paper statistics
Abstract Views: 2,552
Downloads: 422
Download Rank: 36,259
Footnotes:  117
Paper comments
No comments have been made on this paper

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo1 in 0.625 seconds