Elder Financial Exploitation Laws

Summary

Financial exploitation of vulnerable adults is illegal under the Care Act 2014 and Fraud Act 2006. Reporting to the local Adult Safeguarding team is advisable. A Lasting Power of Attorney (LPA) can help manage finances. Consulting an elder law solicitor is recommended for further guidance. The Mental Capacity Act 2005 offers protection for those unable to make decisions.

Full Conversation

Thank you. He has Parkinson's for 10 years. This is dementia associated with Parkinsons.
It sounds like your father may be a victim of financial exploitation. Here are some steps you can take:
- Report the situation to your local Adult Safeguarding team.
- Consider obtaining a Lasting Power of Attorney (LPA) to manage his finances.
- Consult with a solicitor who specializes in elder law for further advice.
Has your father agreed to designate someone as his attorney for the LPA?
We have an LPA in place.
It's good that you already have an LPA in place. Here are some steps you can consider:
- Review the LPA to ensure it includes financial decisions.
- Contact his attorney to inform them of the situation.
- Report the exploitation to the local Adult Safeguarding team.
Would you like more information on how to contact the Adult Safeguarding team?
The assistant/nurse just accepts any money he has in his pockets without stopping him. what is the law that can stop her?
You should consider the following legal steps:
- Care Act *: Financial exploitation is illegal under this act.
- Fraud Act *: Accepting money from a vulnerable adult could be considered fraud.
- Mental Capacity Act *: This provides protection for those who cannot make decisions for themselves.
Have you consulted with your father's attorney about this issue?