Elder financial abuse can include which of the below?

Study for the FDIC AIDT Ready-To-Work (RTW) Money Smart Exam. Practice with multiple-choice questions, each with hints and explanations. Prepare for your assessment!

The correct answer encompasses all the choices listed. Elder financial abuse can manifest in various forms, including taking an older person's money or property, which is a direct action that exploits the vulnerability of the elderly. This type of abuse often involves coercive behavior or manipulation that undermines an older person’s financial independence.

Additionally, informing an older person that they are not allowed to spend their money is another form of financial abuse. It restricts their autonomy and decision-making power regarding their personal finances. Similarly, withholding critical financial information from them deprives older adults of the knowledge they need to make informed decisions about their finances, which can also lead to other forms of exploitation.

Each of these actions contributes to a broader pattern of control and manipulation that is characteristic of elder financial abuse, hence why the comprehensive answer that includes all aspects is accurate.

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