Financial advisors, ever vigilant to market trends, are now empowered to extend their vigilance to protecting seniors from inheritance exploitation. Journalist Juliette Fairley explains this empowerment in her Financial Advisor magazine article "What Advisors Can Do About Inheritance Exploitation."
Last week I was honored to deliver a presentation to the Sacramento chapter of the California Association of Licensed Investigators (CALI). The topic was an important and timely one - how to spot elder financial abuse.
My law firm, Hackard Law, litigates estate and trust disputes in most of California's major urban areas. A deposition of the drafting attorney is part and parcel of these disputes. I've never heard a drafting attorney admit that he prepared an unduly influenced or incapacitated client's will or trust. Never. Is this any surprise? How often would a mechanic disclose that he destroyed your car's engine? A dentist divulge that he filled the wrong tooth? A barber concede that intentionally cut your hair to look like Moe, the leader of the Three Stooges?
"What you focus on grows" is a garden metaphor - a simple truth with widespread application. Focus is a gift of presence coupled with deliberate practice. It is the use of our imagination paired with or own time commitments to practice essential tasks necessary for elevating our game. Growth spawned by focus is as applicable in our personal lives as it is in sports, music, business and the professions.
Hello, I'm Mike Hackard. I lead Hackard Law, a law firm that focuses on significant estate, trust and elder financial abuse litigation in California. I'm the author of the new book Alzheimer's, Widowed Stepmothers & Estate Crimes, available on Amazon in March 2019.
You meet with your lawyer before the mediation. You are the plaintiff in challenging a trust. Maybe the challenge is based on incapacity. Maybe vulnerability to undue influence. Maybe even fraud.