Huron Daily Tribune: Bills would help keep golden years golden http://bit.ly/bKi72k #LTCReform:

....The four bills would:

• Require training for financial institution staff on financial exploitation, how to spot suspicious activity and how to report suspicious activity when detected.

• Expand the definition of abuse of vulnerable adults to include financial exploitation.

• Require financial institutions to inform account holders and provide written disclosure of the rights of joint account holders, so that those allowing access to their funds understand that joint account holders have the legal right to use the account and funds contained in it as if it is their own money.

• Require courts to consider appointment of a conservator if a person under a guardianship has assets of more than a certain limit ($10,000). This is to prevent potential financial exploitation through a guardianship....
http://bit.ly/bKi72k

Norman DeLisle


ndelisle@prosynergy.org
http://www.copower.org
Follow the Path of Feistiness and Non-Compliance
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