Financial abuse can take many forms but it always involves the prevention of a person having access or control over their own financial affairs. A basic right of every individual.
This controlling behaviour can also take the form of preventing a person from accessing education or applying for a job, which although doesn’t directly involve the control of anothers money, it does have the result of preventing that person from making their own decisions and being able to manage their life in a way that could result in having a better job and therefore higher (or any) earnings.
Victims of Financial Abuse can be any age. A child that may have an inheritence, or has received money to be used exclusively for their care and welfare maybe vulnerable to abuse by a parent or guardian.
People in relationships where one partner has a controlling or even violent personality are extremely vulnerable to Financial Abuse. Being denied access to money, or being given very small amounts of money to buy food, clothing and pay bills are just three of the ways that a victim can be financially abused.
The elderly are especially easy targets for abusive family members, or carers, who want to access property, assets or incomes. Putting pressure on an elderly person to make or change a Will is also a form of abuse.
Hilary
19 May 2020Great awareness of a type of abuse that doesn’t get talked about very often