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Senior Safe Act

What is one of the many issues hindering the fight against financial abuse of the elderly? The people who are often in the best position to notice it, fear speaking up about it.

People who work at financial institutions and insurance companies often see suspicious transactions. If they report their suspicions to authorities, they open themselves up to potential liability, if it turns out that they were wrong. In fact, they may be in trouble even if they were correct, but the abuse cannot be proven.

To address this problem, several states have given financial institutions and the people who work there immunity from liability, if they report suspected abuse to law enforcement or regulators in good faith.  However, not all states have done so.

As a result, some believe the federal government should step in and create such a law nationally. A big step toward doing that occurred recently as Think Advisorreported in “House Passes Senior Safe Act.”

The Senior Safe Act works like the state laws that have already been passed. Those who work in financial institutions who, in good faith, report suspected financial abuse of the elderly to the proper authorities are immune from liability for their reports.

This bill has recently passed the House of Representatives. A similar bill passed through the Senate Banking Committee recently.  However, it still must be passed by the full Senate and signed into law by President Trump.

Reference: Think Advisor(Jan. 29, 2018) “House Passes Senior Safe Act.”

Hear From Our Clients
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I heard Cindy’s presentation at a Senior Luncheon at my church, and was very impressed. She helped my daughter and me understand many aspects of elder law. Josh has also been very helpful in my planning to enter an independent living situation . I have told many friends about them.

- Charlotte

The very best elder law attorney and staff anyone could ever ask for! I have referred a number of clients to Cindy and she never disappoints. She is kind, caring, and extremely thorough in making sure everything is completed as it should be. I highly recommend Cindy for anyone needing lawyer services; she truly goes above and beyond for every client she helps and has had a huge impact in so many peoples’ lives. Thank you, Cindy and staff, for everything that you do- I’m so glad to know you!

- Kerri

Cindy and the Nelson Elder Care Law team are trustworthy and helpful. They are the experts in elder care law. At Leaf Cremation, we entrust our families to the care of the Nelson team when their services are needed.

- Pierce

Josh Nelson, and his staff, have been amazingly helpful to our family. The ins and outs of nursing homes, the rules and regulations that govern Medicare and Medicaid are daunting and the folks at Nelson Elder Care Law have been informative, responsive, and above all, empathetic. I cannot emphasize enough how their service has taken a weight off of our shoulders especially during a world pandemic that has targeted nursing homes across our country. I highly recommend retaining Josh and his firm!

- Marcia

I had a simple legal question to them that I needed answered and they very helpful in giving me the information I needed. I highly recommend them and will reach out to them if I need more advice or assistance. Thank you for taking your time to just answer a couple of questions I had!

- Ben