ALFA will be hosting a webinar this month featuring the Consumer Financial Protection Bureau to discuss how to protect older Americans from financial abuse and a new CFPB manual.
The Consumer Financial Protection Bureau’s Office of Older Americans specializes in helping seniors make sound financial decisions as they age. It focuses on financial education and training as well as preventing unfair, deceptive and abuse practices on older people.
Its new guide, Protecting Residents From Financial Exploitation: A Manual for Assisted Living and Nursing Facilities, is specifically geared toward senior living communities and long-term care establishments.
The CFPB also offers the Managing Someone Else’s Money series including booklets addressing what it means to be an agent under a power of attorney, help for trustees under a revocable living trust, help for court-appointed guardians of property and conservators and help for representative payees and Veterans Affairs fiduciaries. They are all downloadable from the Consumer Financial Protection Bureau’s Older Americans webpage.
On June 25, from 1 p.m. to 2 p.m. EDT, join Naomi Karp, a policy analyst in CFPB’s Office for Older Americans, and ALFA for an in-depth look at new data on senior living communities and how senior living staff can help curb financial abuse among older Americans.
To register for this event, part of ALFA’s commitment to honoring World Elder Abuse Awareness Month, click here.
The member/non-member rate for the webinar is $49, but use promotional code “UPDATE” for a no-cost registration. Register >>
The Consumer Financial Protection Bureau is doing its part to celebrate Older Americans Month by collaborating with Meals on Wheels to offer a placema...
The National Center on Elder Abuse has released a brief focusing on information and research findings related to the mistreatment of African American ...
In a review of multiple studies on financial abuse conducted in countries around the world, “it appears that financial abuse is either the most or sec...
The National Institutes of Health has launched a public health campaign on the link between hypertension and cognitive decline and dementia.
Tools for prolonging and improving cognitive ability help many senior living residents stay sharp.