Elder abuse is a growing concern in Australia and globally, affecting individuals often aged 55 and over. While many associate abuse with physical harm, it can also be financial, emotional, psychological, or involve neglect.
The reality is that elder abuse often occurs behind closed doors, frequently at the hands of trusted family members, carers, or acquaintances.
Early detection and community awareness are essential to prevent and stop this form of mistreatment.
Understanding the Signs of Elder Abuse
Elder abuse can take many forms. Financial abuse is one of the most common, often involving misuse of an elder’s money, assets, or property. Warning signs may include sudden changes in financial circumstances, unpaid bills despite adequate funds, or a new “friend” taking control of financial decisions. Psychological or emotional abuse may manifest as increased anxiety, depression, withdrawal from social activities, or a fear of certain individuals. Victims may appear distressed, isolated, or hesitant to speak openly.
Why Education Matters
Education is the best defence against elder abuse. Seniors, families, and professionals all benefit from understanding the rights of older people, recognising red flags, and knowing where to turn for help. By promoting open conversations and encouraging financial literacy and personal agency among older Australians, we empower them to make informed decisions and reduce their vulnerability.
How Financial and Legal Professionals Can Help
Financial advisers, accountants, and legal professionals play a vital role in preventing and identifying elder abuse. These professionals are often among the first to notice unusual financial activity or signs of coercion. By building trusting relationships with older clients, they can gently inquire about sudden changes and ensure that any major financial decisions are well-informed and voluntary.
Financial advisers can help older clients put safeguards in place, such as setting up enduring powers of attorney, ensuring clear terms for loans or gifts, and monitoring large withdrawals or transfers. Accountants, too, can help spot inconsistencies in financial statements or accounts that may suggest exploitation.
Legal professionals can draft wills, powers of attorney, and guardianship documents that reflect the true wishes of the elder and protect against undue influence. They also play a critical role in advocating for clients who may already be experiencing abuse and connecting them with support services.
Support Networks and Resources
There are several support networks available in Australia for those affected by elder abuse. The Elder Abuse Helpline (1800 ELDERHelp / 1800 353 374) offers free, confidential advice. Community Legal Centres, Seniors Rights Services, and organisations such as Relationships Australia and COTA (Council on the Ageing) also provide support, mediation, and legal assistance.
If you suspect elder abuse, don’t stay silent. Trust your instincts, document what you see, and reach out to appropriate support services. Encourage the older person to speak up, while respecting their autonomy and privacy.
In Summary
Elder abuse can be subtle and insidious, but with awareness and collaboration, it can be prevented. Whether you’re a family member, friend, professional, or community member, your role in recognising the signs and encouraging action could protect someone’s dignity, independence, and well-being. Let’s work together to ensure our elders age with respect, safety, and the support they deserve.
If this article has inspired you to think about your unique situation and, more importantly, what you and your family are going through right now, please get in touch with your advice professional.
This information does not consider any person’s objectives, financial situation, or needs. Before making a decision, you should consider whether it is appropriate in light of your particular objectives, financial situation, or needs.
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Disclaimer: The information contained in this article is general in nature and does not take into account your personal objectives, financial situation or needs. Please consider whether the information is appropriate to your circumstance before acting on it and, where appropriate, seek professional advice.