ELDER FINANCIAL ABUSE
Elder financial abuse, often referred to as inheritance impatience, occurs where an older person is taken advantage of and suffers financial losses as a result. The abuse often occurs within a family. It is usually perpetrated by a trusted person – an adult child, another family member, a spouse or partner, friend or carer. Elder abuse can also be perpetrated by strangers e.g, online fraud, investment scams and romance scams.
How we help our clients
Elder financial abuse has very real impacts on an older person’s quality of life and the choices available to them as they age. At Moores we are passionate about recovering financial losses for our older clients and achieving outcomes that restore their dignity and put them back in control. We can help
- Recover money lent out by our older clients that is not paid back;
- Overturn the transfer of property for no value, where the transaction is unconscionable;
- Prevent the sale of an older person’s home without their authority or consent;
- Recover losses from banks and financial institutions;
- Recover funds misappropriated by duly appointed attorneys, administrators or trustees;
- Pursue lawyers, financial advisors and other professionals who breach obligations owed to their older clients.
Moores is uniquely placed to provide comprehensive legal services to older persons and their families on all legal issues associated with retirement and ageing.
At Moores, we are specialist in elder law. Ageing can create complex legal issues for our clients and their loved ones - the decisions made can impact on our older clients quality of life, financial security and family relationships.
How we help our clients:
- Planning ahead to protect your rights as you age, including powers of attorney and advanced care directives.
- Estate planning including Wills and structuring.
- VCAT guardianship and administration matters including contested matters.
- Contesting or defending Wills and Estates read more.
- Acquiring or disposing of property.
- Preparing “granny flat” agreements and other similar intro-family agreements.
FOR A CONSULTATION WITH ONE OF OUR LAWYERS
Call 03 9843 0453 or Email
MOORES AGREED PRICING
Our approach to working with our clients is different to most firms. For more information on our approach, click here.
Contact our expert team to discuss your situation and how we might be able to help.
Elder abuse can result in financial losses by an older person which can have very real impacts on their quality of life and the choices available to them as they age.
– Jessica Latimer, Special Counsel at Moores