Serious problems with the public guardianship system in the United States can lead to elder abuse, according to an in-depth article in TheNew Yorker. Court-appointed guardians can take control of an elderly person’s finances and life and become wealthy while doing so.
Two days ago, my phone rang. It was a client calling to tell me that an angel had saved her granddaughter during the shooting in Las Vegas. She was crying on the phone, in a strange combination of pure joy and utter depression. She was asking the question we are all asking these days; “What […]
This can’t be happening. Now there is now another way for my clients to lose their money and their identities and it isn’t even because of some fraudster. No, this time, the “perp” is a legitimate business failing miserably to protect its “people”. I’m speaking, of course, about the Equifax breach. For 35 years, I’ve […]
I recently took a few weeks off to clear my head. Lately, we have been inundated with the worst news; Charlottesville, Hurricane Harvey, and now Irma. The fear is palpable in the air: is this the beginning of the end? Just when you think it can’t get any worse, we see people rushing to offer […]
A long-term care insurance company recently cancelled the insurance coverage of an elderly woman who accidently wrote the wrong amount on her premium check. The case illustrates the need for policyholders to pay attention to the details.