Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Money definition

What does Money mean? In legal practice, money refers to the generally accepted means of payment used to discharge monetary obligations, pay for goods and services, and satisfy judgments. It ordinarily includes cash (banknotes and coins, typically sterling in the UK and euro in Ireland) and sums standing to the credit of a bank account transferable by cheque or electronic transfer; it can also include foreign currency if agreed. The term is descriptive rather than strictly defined, though related concepts are defined in legislation. 'Legal tender' identifies what must be accepted in settlement of a debt: in England and Wales, Bank of England notes...

Financial abuse of older and vulnerable adults: detection, prevention, and legal remedies (civil, criminal and Court of Protection) in England and Wales

Published by a LexisNexis Private Client expert

Practice notes

Financial abuse of the elderly by carers or members of their own family sadly seems to be on the increase.

This may involve:

individuals stealing cash or belongings from vulnerable people
obtaining digital access to the person’s bank account and taking funds that do not benefit the person
an older person sharing a PIN with someone they trust due to difficulty reaching a cash machine, and that trust being abused to take cash
vulnerable adults being encouraged or pressurised to change their Wills
people being pressurised to sign over land or property worth thousands of pounds to relatives driven by self-interest rather than the older person’s best interests
losing money to telephone scammers who claim a bank account is compromised and must be moved urgently, or other calls where control of the person’s phone is taken to access banking apps and retail apps holding saved card details

Of course, not every carer or family member who helps...

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Helen Freely

Helen Freely is a Partner in the Private Client team. Her background encompasses a broad range of private client work incorporating Wills, probate (contentious and non-contentious, UK and foreign domiciliary estates), trusts, court of protection work, lasting powers of attorney, tax planning and charity law. Her practise currently is made up predominantly of the following sort of work: contentious trusts and probate, including acting as interim independent administrator; capacity issues, incorporating trusts for people with physical and learning disabilities and court of protection work; and smaller and start up charities. Helen is recommended in the 2013 edition of Legal 500 for Charities and Not-for-Profit. Memberships include Society of Trust and Estate Practitioners, Solicitors for the Elderly, Mencap, The Thomas More Society, and the British German Jurists Association. She speaks fluent German and is happy to take on cases with a German or Austrian element....

Web page updated on 21/05/2026

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