Nov. 12, 2026
It is easy to sue for financial elder abuse
Financial managers don't have to profit to commit financial elder abuse. Banks can also face liability for assisting financial elder abuse without receiving the money wrongfully taken.
Geoffrey M. Gold
Partner
Ervin, Cohen & Jessup LLP
Email: ggold@ecjlaw.com
UC Berkeley SOL; Berkeley CA
Geoffrey specializes in real estate and business litigation.
Financial managers don't have to profit to be found liable for financial elder abuse. They don't even have to intend to harm the elder. And a financial institution can be liable for assisting financial elder abuse without receiving any of the money wrongfully taken.
In Horner v. Strong Wealth Management LLC (Aug. 27, 2026, B337039) 2026 WL 2529618 [nonpub. opn.], the Court of Appeal held that financial elder abuse under Welfare and Institutions Code section 15610.3...
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