The report also found that 94% of the BDs had a formal process to internally report concerns regarding diminished capacity
and/or elder financial abuse, while 81% indicated they had a decision-maker responsible for reporting concerns to agencies or authorities outside of the firm.
Given that diminished capacity
greatly impairs one's ability to make financial decisions, its detection is critical to protecting older clients from financial harm," Kemnitz said.
Other unexpected costs that tended to have a larger effect on retirement were taking care of aging relatives, with 29% of respondents' clients currently affected; and dealing with diminished capacity
and dementia, with 26% of clients currently affected.
Scheepers also said that the testimony, if accepted, might lead to 'a finding of diminished capacity
to act, which in turn may have an impact at sentence when substantial and compelling circumstances need to exist to enable the court to deviate from the prescribed minimum sentence'.
suborned perjury, manufactured evidence, witness intimidation, and corrupt attorneys, investigators, and expert witnesses such as psychiatrists called to bolster claims of diminished capacity
It is clear that some financial firms are already attuned to the issue by offering training to agents to help identify potential diminished capacity
or financial abuse.
Here, Jacob (psychiatrist), Gunn law, Staffordshire U), and Holland (learning disabilities, U of Cambridge) examine the workings of these pieces of legislation and their impact on practice and care of those with diminished capacity
And in your diminished capacity
you'll think I had a point
These conditions, in turn, are strongly related to other impairments, including a diminished capacity
to form social relationships and focus on daily activities, including work," says Schnittker.
We wanted to know what the red flags are that our people should look for pertaining to diminished capacity
in senior clients," says Gordon.
IN A NUTSHELL For decades, dairymen have monitored their cows' body temperatures to detect the early onset of illnesses that might lead to diminished capacity
to produce milk.
The Tax Court held that payments made to an elderly woman's caregivers for personal care that she required due to her diminished capacity
qualified as long-term care services and were therefore deductible under Sec.