Many of us leave it all too late to plan for retirement, or are caring for elderly relatives and face difficult decisions. The legal complexities are daunting. This guide by John Kerrigan, a professional solicitor, is written for law students, lawyers and financial advisors who are advising ...
aging comes along with a decrease in financial knowledge. In consequence, a decrease in cognitive abilities is associated with decreasing financial literacy for the elderly. With respect to the magnitude of the effect of aging, Finke et al. (2016) find that financial literacy scores decline by a...
Older people may put their trust in lawyers, managers, or financial advisors to keep their assets safe. However, these people sometimes abuse their position of power to exploit their clients. A notable case of elder financial abuse occurred in 2005, when 71-year-old musician Leonard Cohen learn...
Over the last five years, I have continued to contact Advice for Life for information as my circumstances have changed, and they continue to give me great support. I would have no hesitation in recommending them as Financial Advisors Read more ...
For example, in case of emergency, who are your parents' financial professionals and trusted advisors? Who is the lawyer, accountant, financial planner, and broker? Do you have contact information for a neighbor or someone who sees your parents regularly if you have concerns? Can you share ...
Effective communication skills are critical for financial advisors. You must be able to clearly and confidently explain complex financial concepts and strategies to clients, both in writing and verbally. When working with clients, listening skills are equally important, as understanding their needs and ...
In addition, our advisors are supported by our Investment Team who are consistently committed to pursuing solid investment strategies: Portfolio Performance Analysis Risk Evaluation Investment Time Horizon Asset Allocation Assessment of Impact of Costs ...
In addition, our advisors are supported by our Investment Team who are consistently committed to pursuing solid investment strategies: Portfolio Performance Analysis Risk Evaluation Investment Time Horizon Asset Allocation Assessment of Impact of Costs ...
financial abuse is a form of elder abuse that involves the illegal or improper use of an elderly person’s financial resources for personal gain by someone in a position of trust or authority. This type of abuse can take various forms and can have serious consequences for the elderly ...
1 Furthermore, consistent with social isolation being a leading risk factor for abuse (Podnieks, 1992, Choi, Kulick, Mayer, 1999, Bernatz, Aziz, Mosqueda, 2001), the effect is stronger for socially isolated elderly persons, measured using the Facebook social connectedness index and the number...