Californians have increasing concern over the frequency of elder financial abuse. The concerns are reasonable and prudent. California's 65 and over population is 14% of the state's overall population - that's over 5 million people.
Michael Hackard was a recent guest on Keep It Juicy!, journalist Helen Mitternight's podcast about leading a healthy, vibrant lifestyle in your 50's and beyond. Helen is a well-known writer and blogger out of Charleston, South Carolina, and she's dedicated to spreading knowledge on topics that are important to today's Baby Boomers. One of the critical issues today's seniors face is elder financial abuse.
Recently I was contacted by Next Avenue, a great non-profit information resource for American seniors that is produced by Twin Cities PBS. Next Avenue heard about my new book The Wolf at the Door: Undue Influence and Elder Financial Abuse and asked if they could reprint an excerpt of the book on their site. The topic Next Avenue chose to address was critical to many trust lawsuits involving elder exploitation: the role of stepmothers in a disputed estate.
Hackard Law is proud that Michael Hackard was recently a guest on KTXL Fox 40 to discuss elder financial abuse and undue influence. Michael spoke with anchor Simone de Alba about how to safeguard your loved ones from exploitation. A special thank you and credit to Simone de Alba and Fox 40!
The Wall Street Journal's article "The Secrets of Resilience" is full of observations worth sharing. The article explores the patterns that shed light on how some people's struggles to overcome life's adversities presage their later success. The article captures the resilient spirit in stories of some notable Americans, among them Eleanor Roosevelt, Oprah Winfrey and Louis Armstrong.
I'm delighted to be a part of an interview that thirdAGE, a premier health and wellness site targeted to women 45 and older, posted today. thirdAGE is a powerful and well-respected platform for building awareness and empowering this group of women. The interview is posted at the site's article "Elder Financial Abuse: Signs and Prevention." The article addressed the five common types of senior financial abuse that are referenced in my book, The Wolf at the Door: Undue Influence and Elder Financial Abuse. Those five types are misappropriation of income; improper actions by an attorney; undue influence; investment fraud; and repair scams.
Michael Hackard was glad to join Nashville radio host Sharon Kay, of WFSK 88.1's What's the 411? program. Sharon is a longtime community leader in Nashville, TN, and her show covers a wide variety of issues. On Wednesday she and Michael discussed his new book The Wolf at the Door: Undue Influence and Elder Financial Abuse. Among the topics they covered were how to spot elder financial exploitation, common methods of elder financial abuse, and maintaining good lines of communication with family members to prevent wrongdoers from taking advantage of elderly loved ones.
The Wolf at The Door: Undue Influence and Elder Financial Abuse was first published on September 29, 2017. The book is available in both Kindle and paperback versions at Amazon. It is also available in both NOOK Book and paperback at Barnes & Noble.
Under California law, Los Angeles beneficiaries have fundamental rights that are integral to a fair, timely and equitable distribution of trust assets. While the terms of a trust should be inviolable, there are still unfortunate cases when trustees abuse their authority and commit breach of fiduciary duty. This can result in serious damage to the trust and put a family's economic future in jeopardy.
Last night Michael Hackard appeared on San Francisco's public radio station, KALW 91.7. Michael was honored to be a guest on the show Your Legal Rights, hosted by Chuck Finney, a veteran San Mateo deputy district attorney and consumer advocate.
A parent's dementia and attendant short-term memory loss can be heartbreaking. It is common for children to have feelings of loss and grief as they see their family life changed by Alzheimer's. Children may go through the grieving process while their parent is alive - a process that may be hard to describe to those who have not encountered it themselves.