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Tag Archives: elder law

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Can investor Sue Brokers over Coronavirus Losses?

By Green & Schafle |

Can investor Sue Brokers over Coronavirus Losses? Now that it appears the very worst of the coronavirus pandemic may be behind us, many investors are looking at the damage wrought by the health crisis to their retirement savings. And it is ugly out there. The pandemic rocked markets like they have not been rocked… Read More »

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Tips for Investors in Turbulent Times

By Green & Schafle |

TIPS FOR INVESTORS DURING ROUGH MARKETS When the stock market gets turbulent, concentrating on your general financial picture, joined with sound planning, can yield profits. These 5 tips can help maintain your financial well-being during market downturns and even improve your financial security: Return to your financial objectives. Setting clear, organized objectives—each with steps… Read More »

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Baby Boomers Consistently Neglect Financial Planning

By Green & Schafle |

Baby Boomers Consistently Neglect Financial Planning Recent research by the National Association of Personal Financial Advisors (NAPFA) demonstrates that one out of three baby boomers who are approaching or commencing the retirement stage are yet to do any financial planning in the past two years. The recent survey reveals that baby boomers are only… Read More »

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As Boomers Age, Elder Law Expands

By Green & Schafle |

ELDER LAW PROTECTS OLDER CITIZENS FROM FINANCIAL ABUSE Financial exploitation is a segment of elder law. It’s a developing field of practice that involves not just advance medical directives, estate planning, guardianship, probate and will contests, but also real estate, tax, employment, special needs, discrimination, domestic violence, and Medicaid issues. The number of individuals… Read More »

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Scammers Use Financial Industry Credentials to Deceive Public

By Green & Schafle |

FINRA ADVISES BEWARE OF EMAIL SCAMMERS AS NEW SCHEMES RISING DAILY In recent times, scammers have been consistently preying on the financial services industry. Remarkably, they often succeed in singling out their prey based on reports from cybersecurity regulators and experts. “It’s almost as if many of these fraudsters have worked in financial services… Read More »

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Legislators Seek to Bar Brokers from Client Wills

By Green & Schafle |

Democrats in Senate See Problems with Broker Inheritances from Clients Stock brokers may no longer be permitted to receive bequests from clients. Four United States Senators have sent a letter to the CEO of securities industry regulator FINRA asking the agency to bar stock brokers from client wills. Lead by Democratic Senator Catherine Cortez… Read More »

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Major Regulators Issue Senior Safe Fact Sheet

By Green & Schafle |

Senior Abuse Hits the Headlines (Again) Lately it seems like you can’t read the news without coming across information about elder financial abuse. This week, the former business manager of comic book legend Stan Lee was arrested for fiduciary elder abuse in Arizona and will be extradited to California to face charges. Closer to… Read More »

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Senior Abuse Often Hits Uncomfortably Close to Home

By Green & Schafle |

Ten Thousand New Seniors Are “Born” Every Day Approximately ten thousand Americans turn 65 every day in our country. The trend is set to continue until at least 2030. To perpetrators of financial fraud against the elderly, that means ten thousand new victims arrive every 24 hours. The result of their nefarious efforts has… Read More »

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Elder Abuse Takes Many Forms

By Green & Schafle |

Elder Law Attorney Commits Elder Abuse According to a recent news report, an Elder Law attorney based in Brick, NJ stole nearly $2 million from his elderly clients, many of whom were suffering from dementia and did not have close relatives to keep a watchful eye over them. The New Jersey Attorney General’s office… Read More »

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Nursing Home Abuse and Neglect Controversy

By Green & Schafle |

A recent front-page article in the Philadelphia Inquirer revealed the complex relationship between lawmakers and law firms when it comes to prosecuting understaffed and negligent nursing homes. Partnerships between government and high-profile firms for the sake of the public good is nothing new. On the plus side, law firms with deep pockets and expertise… Read More »

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