Elder financial abuse is becoming increasingly frequent as the population ages. In order to become eligible for a housing fee waiver in seniors’ homes, some elders are encouraged, before moving to a home, to divest themselves of their property without due consideration. In 1991, section 516 of the Act respecting health services and social services was enacted to prevent such practices, which nevertheless still occur today. The author examines various legislative policies aimed at preventing abuse of the elderly in order to figure out the possibility that they help to end this practice.