California estate, trust and elder financial abuse litigation involves fights - it's that simple. These cases are contested - the lawsuits are emotional and hard fought. Wrongdoers don't give up ill-gotten gains easily. I know this because the vast majority of our law practice involves the representation of aggrieved heirs, beneficiaries and victims of elder financial abuse. We're currently litigating in more than twenty California counties.
Blundering trust and estate bandits are still bandits - outlaws secretly or openly defiant of laws and responsibilities that go with the legal obligations required of those who possess or are otherwise responsible for estate or trust assets. While the vast majority of trust and estate professionals take their fiduciary obligations seriously, unfortunately some outliers, some might say "bandits" - those who take "unfair advantage over others usually to procure inordinate payment or profit."  Inordinate payment may range from outright theft to unconscionable overbilling that drain trusts and estate funds.
Ubiquitous, boorish and monstrous behavior, for years unchecked, is suddenly in the spotlight. Powerful and ordinary men alike are being called to account for the sexual harassment of women. Women long lacking effective routes to counter widespread abuse are now being heard. Decadence long ignored is now getting attention.
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 is now available for order on Amazon. This is episode 25, where I outline some sobering statistics on the financial exploitation of seniors.
Michael Hackard was recently a guest in a KGO-810 interview with radio host and journalist Mike Finney, a tireless consumer advocate who has consistently stood for ordinary citizens against scams and financial predation. They discussed The Wolf at the Door: Undue Influence and Elder Financial Abuse, Michael's new book on countering exploitation of vulnerable elders.
When most of us hear the term "breaking bad," we think of the crime drama Breaking Bad. The drama ended in 2013 after a five-year run. Breaking bad is not confined to an award-winning TV series. The idiom of "break bad" means "to go bad." You don't have to read too many newspapers to see that many of America's banks and bankers are "breaking bad" in cases of elder financial abuse.
On October 18, 2017, the Elder Abuse Prevention and Prosecution Act became law. Among other things the law requires that the United States Department of Justice establish best practices for data collection on elder abuse and collection and publish data on elder abuse cases and investigations. The "sense of the Senate" expresses that: "(1) elder abuse involves exploitation of potentially vulnerable individuals; (2) combatting elder abuse requires support for victims and prevention; and (3) the Senate supports a multipronged approach to prevent elder abuse, protect victims, and prosecute perpetrators of elder abuse crimes."
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 is now available for order on Amazon. This is episode 23, where I discuss reviewing a potential case of elder financial abuse or other wrongdoing over a trust or estate.