Cornell Law Review

Article

Elder Financial Abuse: Capacity Law and Economics

Ben Chen, Lecturer in Law (Assistant Professor equivalent), The University of Sydney

Elder financial abuse is an alarming problem in this era of aging population. Baby boomers are entering retirement with a higher life expectancy and more wealth than any generation before them. The combination of mental decline and substantial wealth renders many seniors vulnerable to overreach. In private suits alleging elder financial abuse, courts often apply…

Nov 2021