Caregivers: Spotting & Preventing Financial Elder Abuse

What if something just doesn’t feel right or your parents’, relative or friend’s finances aren’t adding up? Could it be a professional caregiver, someone who has befriended them recently, or, perish the thought, even your own flesh and blood, who is cooking the books or sporting a cushy lifestyle at your expense? Could it be financial exploitation? As important as checking out a relative’s physical environment and their health is making sure their money is safe. Just in time for …

Lessons from the Bullying Video That Went Viral

The following is a guest post from Bill Hogan, a writer and editor on the AARP Media News team. “Sticks and stones may break my bones, but words will never hurt me.” How many of us had to say that in “repeat-after-me” drills when we were growing up? I don’t know about you, but I never really believed it. Words can hurt. Millions of us could see that in the video-gone-viral of Karen Huff Klein, a 68-year-old school bus monitor …

The Takeaway: Donations Pour In For Bus Monitor Bullied By Middle-Schoolers

The video is disturbing. Shot on a cell phone, the 10-minute clip shows a team of 12- and 13-year-old boys harassing their 68-year-old school bus monitor, Karen Klein, with insults, profanity and threats. But since kids from the Greece, New York, school bus uploaded the bullying video to YouTube, Klein has received an international outpouring of sympathy–and cash.

White House Announces Coordinated Effort To Combat Elder Financial Abuse

Health and Human Services Secretary Kathleen Sebelius announced Thursday that a coordinated federal effort has been put in place to address the devastating and increasing problem of elder financial abuse. At a White House forum on elder abuse and financial exploitation, Sebelius says a $5.5 million grant under the Affordable Care Act will be used to create a federal elder justice coordination team, including officials from the Justice Department and the Consumer Financial Protection Bureau (CFPB). That team will examine previously “fragmented” elder abuse initiatives …

The Takeaway: Insurance Agent Jailed for Selling Annuity to 83-Year-Old With Dementia

In California, independent insurance agent Glenn Neasham was sentenced to 90 days in jail for selling a complicated annuity plan to an 83-year-old woman who shows signs of dementia. It’s a case that has elder abuse advocates cheering, but which sends “shivers down the spines” of American insurance agents.

Illinois banks run from Power of Attorney abuse protection law

Hello there blog readers – Jenn here talking to you today from an unseasonably warm and snow-free Chicago. (Thumbs up!) Following up on our post from a few weeks ago about cracking down on financial  elder abuse in Illinois, I was  talking with staff lead Ryan Gruenenfelder about what else is cooking down in Springfield this session and how AARP will be involved. He told me about an interesting battle that keeps cropping up over some increased protections that are now part of …