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 >>
Senior living advocates and others honor World Elder Abuse Awareness Day on June 15 to recognize the importance of raising awareness of this issue.
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