Hello, I'm Mike Hackard. I'm the chair of Hackard Law, a law firm focusing on estate, trust and elder financial abuse litigation in California's major urban areas. I'm the author of The Wolf at The Door: Undue Influence and Elder Financial Abuse. The book will come out in early autumn. This is episode 6, where I list name key steps in countering elder financial abuse and being vigilant against exploitation. In my book I elaborate on these steps as elements of a broader strategy to protect seniors and family trust assets.
- #1. Financial oversight: Designate responsibilities and keep a sharp eye out for any irregularities.
- #2. Revocable trusts: This is a safety measure to guard against irresponsible behavior by a trustee.
- #3. Communication: A loving relationship makes all the difference in keeping an elder safe from harm.
- #4. No-contact lists: Don't let telemarketers and deceptive mailers target your elderly family member.
If you would like a free digital copy of the book when it comes out email us at [email protected] I'm happy to share this book on this very important topic.