New On-Line Guide To Protect Elderly From Financial Abuse

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The Consumer Financial Protection Bureau (CFPB) was established by Congress to carry out Federal laws concerned with consumer financial protection.  On June 19th, the CFPB published an on-line manual entitled  “Protecting Residents From Financial Exploitation: A Manual For Assisted Living and Nursing Facilities.”  The 44-page manual reviews the applicable requirements and presents a series of action-oriented tools, including a model response protocol, that can be used by all health care organizations that service the elderly, including but not limited to assisted living and nursing facilities, to protect this vulnerable population from financial abuse.    For additional information, please contact Susan Ziel at sziel@kdlegal.com.