Protecting Seniors and Their Assets Legal Strategies for Preventing and Remedying Financial Exploitation

This session examines the growing epidemic of elder financial abuse, exploring real-world case studies involving nursing home staff, trusted advisors, and financial professionals who exploited seniors with dementia. Attendees will learn about legal remedies including citations to discover assets, incapacity claims, undue influence, breach of fiduciary duty, and fraud theories. The session also covers best practices for guardianship, criminal referrals, settlement strategies, and insights from the nation’s largest financial recovery program for seniors.

This session focuses on proactive estate planning strategies to prevent financial exploitation before it occurs, including living trusts, proper asset titling, and cybersecurity protections for seniors. Attendees will learn about the dangers of joint tenancy, the importance of comprehensive asset inventories, two-factor authentication, and coordination among attorneys and financial advisors. The session addresses special needs provisions, state estate tax considerations, and communication strategies to educate seniors and families about reducing exploitation risk.