Yesterday we looked at why elder financial abuse is a growing problem and who is at risk of becoming a victim. Today we identify the more common causes of elder financial abuse and the warning signs to look out for.Read More
The Paley Rothman Blog
Paley Rothman shares this library of resources with clients and friends of the firm to help them stay ahead of legal and business developments and trends. Here, you will find helpful tips and tools written by our attorneys.
In yesterday’s blog we outlined our plan for participating in World Elder Abuse Awareness Week with an introduction of the issue, an overview of the topics we planned to cover, and the definition of elder financial abuse. Today, we’ll discuss why elder financial abuse is a problem and who may be at risk.Read More
Upon a person’s death, he or she would expect the Personal Representative (i.e. Executor) named in the Will to gain access to his or her bank accounts and private financial information. The law is not so clear with respect to the authority which may be granted to a Personal Representative or other fiduciary over digital accounts.Read More
Some clients, especially unmarried individuals, try to avoid probate and even try to concoct an entire estate plan by “strategically” placing assets in joint names with intended beneficiaries. Using joint ownership in this manner, generally, is a dangerous way to avoid probate and provide for beneficiaries.Read More