Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Thursday, January 22, 2009

Financial abuse of dementia sufferer

Elderly3Matthew A. Christiansen has recently posted on SSRN his article entitled Unconscionable: Financial Exploitation of Elderly Persons with Dementia.

Here is the abstract of his article:

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.


Articles, Disability Planning - Property Management, Elder Law | Permalink

TrackBack URL for this entry:


Listed below are links to weblogs that reference Financial abuse of dementia sufferer:


Our family has a situation like this, but just recently found out. Our relative passed away in the summer of 2013, and received her new will one year later. The estate settlement was mailed last month. Estate value is reported by her POA as 1/4 of what we know it to be. Is there any recourse when abuse has occurred? Is there a statute of limitations protecting the POA from criminal prosecution?

Posted by: Patricia Miller | May 27, 2015 8:08:42 AM

Post a comment