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 8, where I list and only briefly discuss tales from the elder financial abuse archives.
#1: Public Officials and Public Employees Misconduct. We've all heard the John Adams' admonition that "We are a nation of laws, not of men." This is another way of saying that all people are fallible. No matter who we are it helps to have oversight.
#2: Accountant Fraud. It is natural to want a fail-safe method to insure trust assets and the services of a trusted accountant is such a method. Still accountants are human beings and can make mistakes or worse.
#3: Family Cruelty and Neglect. It is a shock when family members are found to have committed elder financial abuse on their parents or grandparents. It does happen and it is sad.
#4: Not Even the Super Rich Are Safe. Mental competence suits exist in super rich families. There is a lot at stake and often well-funded litigants arguing over the control of enormous wealth.
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.