It's a privilege to have a chapter from my book, The Wolf at the Door: Undue Influence and Elder Financial Abuse, featured in The Wall Street Journal's financial newswire MarketWatch. The chapter concerns a phenomenon I've encountered frequently in estate and trust lawsuits: conflicts between stepmothers and the natural children of a decedent over property and assets. The chances of a dispute rise dramatically when a stepmother's vision for the future of a family trust is at odds with what her husband originally intended for his children from his previous marriage.
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.