Time: Breakfast 7-9am. (7-8am. networking breakfast, presentation 8-9:30am.)
Topic: Capacity issues; protecting against potential litigation or how to prepare should the advisor be called as a witness
Speakers: Christine A. Alsop
About the presentation: Capacity Issues; Protecting Against Potential Litigation And How To Prepare Should The Advisor Be Called As A Witness Financial advisors who work with clients suffering from diseases that can affect their capacity such as Alzheimer’s, Parkinson’s disease, Huntington’s disease, vascular disease, strokes and the like can offer great challenges. As a financial advisor, you may feel baffled by the client’s inability to understand simple questions or respond to requests for simple information. Family member may attend these meetings and attempt to handle questions or articulate concerns on behalf of your client. Family members may be confused as to how to move an aging and demented parent from their home that is no longer safe, or force them to take medications that they resist. They may turn to the financial advisor to assist with questions of the cost of care and the best types of care for their loved ones. Family members may turn to the financial advisor in search of a solution. Not only do these clients pose unique ethical considerations for the financial advisor, the financial advisor may be baffled as to how to talk these types of clients or know how to help them or know where to turn for the resources they may need. Furthermore, long after the client’s death, the financial advisor may be called into testify as to decisions that were made and whether the client had capacity to make the financial decisions that were made.
About the speaker: Christine A. Alsop, owner of The Elder and Disability Advocacy Firm of Christine A. Alsop, LLC has extensive elder law experience as well as significant litigation and advocacy experience. She has provided advice for both institutional and individual fiduciaries. She regularly represents fiduciaries and family members in contested probate, trust and guardianship matters as well as fiduciary litigation. She is also experienced in helping families with long term care issues, including Medicaid, Veteran’s Benefits, Estate Planning, Asset Protection and Special Needs Trusts. A member of both the Missouri and Illinois Bars and is admitted to practice before the United States Supreme Court, Christine is a member of the National Academy of Elder Law Attorneys and served as Chair of the Advocacy and Litigation Section of that organization. She has served as a member of the Board of Directors and as an Officer of the local chapter of the National Academy of Elder Law Attorneys and she is a member of the Missouri Association of Trial Attorneys. She is a member of the National Alliance of Medicare Set-Aside Professionals (NAMSAP), Elder Care Matters Alliance, Elder Counsel and The Academy of Special Needs Planners.