Tag: Elder Law
Listen to The Law as it Affects Older Adults
This week on Hull on Estates, Ian Hull and Suzana Popovic-Montag discuss a recent consultation paper from the Law Commission of Ontario(LCO) titled: The Law as it Affects Older Adults. The LCO has initiated a project to develop a legal framework for the law as it affects older persons and will be essential in addressing the needs and experiences of this group.
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The focus on Canada’s aging population, and the special needs of seniors, is becoming recognized in legal circles as a growing practice specialty: elder law. Elder law lawyers have a multi-disciplinary and multi-faceted practice that ranges from estates, to health law, to real estate. For example, an elder law lawyer may advise on “private care agreements” (where a child may provide care in exchange for equity in valuable real estate owned by a parent) or the benefits of long-term health insurance.
As part of my own practice, I regularly advise elderly clients in all aspect of estate and trust litigation. Advising elderly clients requires specific knowledge about the various issues facing seniors. Such issues include elder abuse and exploitation, mental capacity and consent, and substitute decision making (whether by court-appointed guardianship or powers of attorney).
There are various resources available for those looking to educate themselves on elder law issues. The fourth annual Canadian Conference on Elder Law will be held this year on November 13-15, 2008 in Vancouver. The conference will focus on such issues as capacity, support, public/private guardianship and law reform. For more information on the conference and for other information on elder law issues, see the Canadian Centre for Elder Law’s website at www.ccels.ca.
Have a great day!
Bianca La Neve
There is no question that mental illness for the afflicted and families can be devastating. The Globe and Mail helps to address the national scale of these illnesses in its recent excellent series entitled “Breakdown: Canada’s Mental Health Crisis”.
The overwhelming huge reader response speaks for itself.
To be sure, there is not much cheer to be found and much heartache, mitigated only somewhat by some success stories. The ability of some families to pull together in awful circumstances can also offer inspiration to others.
Thanks for reading.
Who can forget the sad case of Terry Schiavo, the poor lady who suffered catastrophic brain damage in 1990 and was kept alive in a vegetative state on a feeding tube for 15 years? Readers will remember the anguish involved when her husband was forced to litigate against her parents in order to get the tube removed so Terry could die in peace. This became a powerful argument in favour of a "Living Will", which is basically a document in which individuals outline their "personal choices" regarding end-of-life treatments. Living Wills became a feel-good legal product, a perceived solution to the heart-rending situations like Terry’s.
Too bad the research shows that Living Wills may not live up to the hype. According to a recent study by two University of California Irvine researchers, Professors Peter Ditto and Elizabeth Loftus, Living Wills appear to have serious defects. One problem is that patient preferences change over time. For instance, one tends to be more inclined against end-of-life treatments immediately after a hospital stay, but this changes with time. Also, positive treatment results of family members make a patient more inclined to end-of-life treatment. Many people who make Living Wills change their preferences but forget about their Living Will, or misidentify those preferences in the Living Will.
Perhaps the most glaring weakness is that Living Wills do not appear to provide guidance to surrogates who have read them. According to the study, the accuracy of a surrogate who has read a Living Will in prediciting a loved one’s treatment preferences is no higher than that of a surrogate who has not read the Living Will. So a Living Will can be totally inconsistent with the patient’s most recent intentions.
Having a Living Will apparently makes both the patients and the surrogates feel better, so it’s not all bad news.
Have a safe day,
By all indications, the abuse of Powers of Attorney to misappropriate assets is on the rise.
When a grantor gives powers to an attorney to manage the grantor’s property, it allows the attorney to assist the grantor in managing property, and in fact to take over management of property altogether if the grantor does not monitor the situation. Often the very goal of the grantor is to allow someone else to completely take over management of one’s property due to age, potential incapacity or other reasons, so the grantor has no intention to monitor.
This is often a reasonable choice, and the law holds attorneys to a high standard to protect grantors. However, the potential for abuse is immense. Abuse can be willful or simply negligent, but in either case the damage can be devastating and irreversible. In many cases attorneys who stray from their duties are never made to account, although they have that obligation. Often they live with the grantor and have little or no oversight. The legal fees in securing justice are generally high, and the chances of recovering on a judgment can be low. In the result, legal proceedings might be impractical, however blatant abuse may be in a given case.
The best defence against this problem is awareness, so these varied results from a quick internet search are somewhat encouraging: a Florida law firm website; an excellent Vancouver Sun article; a synopsis of a TV news story; the New York Attorney General’s website; a news report of a Philadelphia trial; and a news release from Prince Edward Island’s provincial government commenting on the problem for World Elder Abuse Day.
This is the tip of a very large iceberg: by all indications lawyers, financial institutions, governments and of course the public will be wrestling with a growing problem for years to come.
Thanks for reading.
A massive $110 million lawsuit has been brought by the Attorney General’s office in California against a “living trust mill that tricked senior citizens into using their retirement savings to buy annuities that often made less financial sense for the elderly victims but earned the con artists substantial commissions and other income.”
Estate Planning Law Firms.com quotes the Attorney General as saying the following:
“The perpetrators of this fraud deceived seniors into using their hard-earned retirement nest eggs to buy unneeded annuities that actually undermined their financial security. Living trust mills such as this one violate not only the law, but the trust of their elderly victims.”
What surprised me was the apparent scope of the alleged organization being sued by the Attorney General: between 250 and 300 sales agents and another 80 telemarketers were involved, allegedly soliciting elderly consumers through mailings, seminars, telemarketing, presentations at senior centers and other means, marketing their services as a way to avoid probate and estate taxes, then eventually convincing seniors to buy annuities that were, according to the Attorney General, not in their best interest.
Without commenting on this particular case, there does seem to have been a disturbing and growing trend in recent years of attempts to deprive the elderly of the considerable wealth concentrated in their hands.
One more reason, if any were needed, to take great care in choosing investment and estate planning advisors.
Thanks for reading.
The Canadian Centre for Elder Law (CCEL), a division of the British Columbia Law Institute (BCLI), issued a media release on February 28, 2008 advising that it has just released its Study Paper on Predatory Lending Issues in Canada.
In its media release the CCEL noted that while the subprime mortgage crisis in the United States has made the issue of predatory lending a hot topic worldwide, little attention has been paid to the legal aspects of predatory lending in the Canadian mortgage market.
Ron Skolrood, Chair of the BCLI’s board of directors, remarks in the media release, “It appears that there are no specific laws to protect Canadians from a similar crisis occurring here”…“This study paper serves as a starting point for further discussion.”
The Executive Summary of the Study Paper states, “The study paper’s focus is primarily on how predatory lending may affect older homeowners, but similar issues may arise in connection with individuals who are purchasing a home and obtaining a new mortgage.”
Parts of the paper deal with factors in the Canadian mortgage market that may encourage or deter the development of predatory lending as well as existing Canadian legal remedies for abusive lending practices.
The media release notes that while many Canadians think of predatory lending and the mortgage crisis as an American phenomenon from which they are safe, and though the lending atmosphere in Canada has historically been more cautious than in the United States, the extent to which predatory lending occurs in Canada is largely unknown.
For those interested, a full text of the paper is available on the BCLI’s website (www.bcli.org).
Have a great day.
During Hull of Estate and Succession Planning Episode 32, we continued to discuss the Elder Law Conference with an emphasis on what the Canadian Centre for Elder Law Studies is currently working on, highlighing their past work and discussing its mission of enriching and informing the elderly in the law.