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National > Abuse of Older Adults > Financial Abuse:

Are there other ways my aunt can keep tighter control of her financial affairs?

Other ways of helping your aunt to keep tighter control of her financial affairs include encouraging her to

  • be fully informed about her property, bank account, and possessions;
  • keep her money in a bank or other financial institution, rather than at home;
  • set up the paperwork to ensure pension cheques go directly into a bank account;
  • discuss any loan she intends to make with a trusted third party and be sure there is an agreed schedule of repayment;
  • review her will periodically;
  • have a trusted third party check any documents she is asked to sign.
Your aunt should also be encouraged to maintain her network of friends and acquaintances so that she does not become isolated and fully dependent upon anyone who might be abusing her.

 


WARNING: The contents of these FAQs are intended as general legal information only.
If you have a personal problem, please consult a lawyer.

January 2006
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