‘I told him that wouldn’t fly’: My 90-year-old mother’s adviser pushed her to change her beneficiaries. What is going on?
130d ago
Business
MarketWatch
A 90-year-old woman's adviser is under scrutiny after allegedly pressuring her to change the beneficiaries of her assets. The woman's daughter raised concerns, reporting that the adviser claimed he was "just trying to help." This incident highlights the potential for elder financial abuse and the importance of vigilance in safeguarding vulnerable individuals from undue influence regarding their financial affairs. The situation underscores the need for families to stay informed and involved in the financial decisions of their elderly relatives and to seek independent legal and financial counsel when necessary.