Laws current as of October 16, 2024
What is the legal definition of financial exploitation?
Financial exploitation is when someone does any of the following:
- controls your property without your permission through:
- lying (deception);
- intimidation;
- using his/her influence to take advantage of you (undue influence);
- force; or
- threat of force;
- violates his/her financial obligation to you (fiduciary duty) as your guardian, conservator, or person with power of attorney, which results in your property being:
- used for a reason you did not consent to (appropriated);
- sold without your consent; or
- transferred to someone else without your consent; or
- gets or uses control over your property in his/her role as your caregiver, or as an accomplice to the caregiver, without your consent and for the purposes of benefiting your caregiver or another person.1
1 Tenn. Code §§ 39-15-501(7); 39-15-502