In our blog series on elder abuse (“Elder Abuse: Avenues of Attack”) we brought to light the issue of elder abuse and how it can affect a Financial Advisor’s practice. In our second installment (“How to Protect Your Clients and Your Business Against Elder Abuse”) we mentioned some strategies of protection, briefly mentioning the Senior$afe Act. This bill, if passed by congress, can hugely help to protect advisors, so here are the things you need to know.
Topics: Senior$afe Act, Elder Planning, Elder Abuse
How to Protect Your Clients and Your Business Against Elder Abuse
In last week’s blog post, “Elder Abuse: Avenues of Attack” we highlighted ways that elder clients are vulnerable to being abused and taken advantage of. We outlined the avenues of attack so that you can now identify red flags when they arise and take action to protect your clients and your business.
Topics: Elder Planning, Elder Abuse, FINRA
Elder Care Planning Considerations; A Gray Matter
Illness, injury, and wears and tears of aging put extreme stress on a person’s life physically, emotionally, and financially. When a spouse becomes ill or a parent loses mental capabilities, the two main priorities become healthcare and family time.
Topics: Financial Advising, Elder Planning, Gray Matters, Medicare, Medicaid, Financial advisor