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Published on: February 16, 2011
Strategies to address financial abuse
1Council on Aging Silicon Valley, San Jose, California 95126, USA. sreeves@scccoa.org
Elder financial abuse is a growing concern. This article details four key strategies—education, screening, legal action, and multidisciplinary teams—to combat this issue and protect seniors.
Area of Science:
- Gerontology
- Criminology
- Public Health
Background:
- Financial abuse poses a significant and increasing threat to the well-being of older adults.
- The vulnerability of seniors makes them targets for various forms of financial exploitation.
Purpose of the Study:
- To outline and discuss major strategies for addressing elder financial abuse.
- To highlight the importance of understanding the effectiveness of these interventions.
Main Methods:
- The article reviews four primary strategies for combating elder financial abuse:
- Education and outreach programs.
- General detection and universal screening protocols.
- Legal interventions and protective measures.
- The formation and utilization of multidisciplinary teams.
Main Results:
- Four key strategies are identified as crucial for addressing elder financial abuse.
- Each strategy plays a distinct role in prevention, detection, and intervention.
- The article emphasizes the need for a comprehensive approach.
Conclusions:
- Effective strategies are essential to prevent older adults from becoming victims of financial abuse.
- Early intervention is critical once financial abuse is identified.
- Further research is needed to evaluate the efficiency and effectiveness of these strategies.
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