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Enduring Powers of Attorney and Financial Exploitation of Older People: A Conceptual Analysis and Strategies for Prevention.
J Aging Soc Policy. 2019 Dec 17 [Online ahead of print]JA

Abstract

Enduring powers of attorney (POAs) are commonly used legal instruments that enable older people to plan for asset management in the event of future incapacity. The policy objective of POAs - empowering control over money and property - are frustrated when POAs are misused to financially exploit older people. This commentary integrates theory and evidence to propose a conceptual framework for POA-facilitated financial exploitation (POA-FE). Identified risk factors include inadequate knowledge about the POA role; family conflicts; attitudes of entitlement; and lack of planning and preparation for financial decision-making. POA-FE occurs on a continuum of behavior and strategies for preventing POA-FE are suggested using strengths-based approaches for older people and their attorneys.

Authors+Show Affiliations

Law Health Justice Research Centre, Faculty of Law, University of Technology Sydney, Sydney, Australia.

Pub Type(s)

Journal Article

Language

eng

PubMed ID

31847789

Citation

Ries, Nola M.. "Enduring Powers of Attorney and Financial Exploitation of Older People: a Conceptual Analysis and Strategies for Prevention." Journal of Aging & Social Policy, 2019, pp. 1-18.
Ries NM. Enduring Powers of Attorney and Financial Exploitation of Older People: A Conceptual Analysis and Strategies for Prevention. J Aging Soc Policy. 2019.
Ries, N. M. (2019). Enduring Powers of Attorney and Financial Exploitation of Older People: A Conceptual Analysis and Strategies for Prevention. Journal of Aging & Social Policy, 1-18. https://doi.org/10.1080/08959420.2019.1704143
Ries NM. Enduring Powers of Attorney and Financial Exploitation of Older People: a Conceptual Analysis and Strategies for Prevention. J Aging Soc Policy. 2019 Dec 17;1-18. PubMed PMID: 31847789.
* Article titles in AMA citation format should be in sentence-case
TY - JOUR T1 - Enduring Powers of Attorney and Financial Exploitation of Older People: A Conceptual Analysis and Strategies for Prevention. A1 - Ries,Nola M, Y1 - 2019/12/17/ PY - 2019/12/19/entrez KW - Elder abuse KW - financial abuse KW - financial exploitation KW - power of attorney SP - 1 EP - 18 JF - Journal of aging & social policy JO - J Aging Soc Policy N2 - Enduring powers of attorney (POAs) are commonly used legal instruments that enable older people to plan for asset management in the event of future incapacity. The policy objective of POAs - empowering control over money and property - are frustrated when POAs are misused to financially exploit older people. This commentary integrates theory and evidence to propose a conceptual framework for POA-facilitated financial exploitation (POA-FE). Identified risk factors include inadequate knowledge about the POA role; family conflicts; attitudes of entitlement; and lack of planning and preparation for financial decision-making. POA-FE occurs on a continuum of behavior and strategies for preventing POA-FE are suggested using strengths-based approaches for older people and their attorneys. SN - 1545-0821 UR - https://www.unboundmedicine.com/medline/citation/31847789/Enduring_Powers_of_Attorney_and_Financial_Exploitation_of_Older_People:_A_Conceptual_Analysis_and_Strategies_for_Prevention L2 - http://www.tandfonline.com/doi/full/10.1080/08959420.2019.1704143 DB - PRIME DP - Unbound Medicine ER -
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