February 16, 2017 Elder Abuse Prevention

Webinar: Protecting IRA Accounts

Protecting IRA Accounts Webinar

As we age, the risk of losing retirement assets increases dramatically. IRA accounts are particularly difficult to protect. Learn how you can protect yourself and your clients.

"Protecting IRA Accounts" is part of the ABA's series of webinars on preventing elder abuse. In these webinars, we explore the ways financial abuse manifests, and how attorneys can educate, prevent and intervene in order to best serve their clients.

This free webinar focuses on the unique vulnerabilities of assets held in IRAs, and the heightened risk faced by seniors who have Alzheimer’s and other forms of dementia.

Note this is a non-CLE program.  

Speakers

Deirdre Lok, Moderator
Deirdre is Assistant Director and General Counsel for The Weinberg Center for Elder Abuse Prevention at the Hebrew Home at Riverdale, NY, and is Chair of the ABA Senior Lawyer’s Division’s Elder Abuse Prevention Task Force. She is Chair of the Policy and Procedure Subcommittee of the NYS Committee on Elder Justice. She is an Adjunct Professor at Brooklyn Law School, where she co-directs the law school’s HELP (Helping Elders through Litigation and Policy) Clinic.

Dr. Yaakov Stern, Panelist
A Professor of Neuropsychology in the Departments of Neurology and Psychiatry at Columbia University College of Physicians and Surgeons, Yaakov’s research focuses on cognition in normal aging and in diseases of aging, particularly Alzheimer’s disease. Dr. Stern’s research approach includes classic neuropsychological and cognitive experimental techniques, with a strong focus on functional imaging.  He has published more than 550 peer-reviewed papers, numerous chapters, and edited a book on cognitive reserve.

Kerry Peck, Panelist
Kerry is managing partner of the Chicago law firm Peck Ritchey, LLC. He concentrates his practice in trust and estate litigation, estate planning, administration, guardianship, fiduciary litigation, and special needs and Alzheimer’s disease planning. He is the Chair of State’s Attorney Anita Alvarez’s Elder Abuse Task Force. He was retained by the City of Chicago Department of Aging to rewrite the Illinois Elder Abuse and Neglect Act. He co-wrote the book ”Alzheimer’s and the Law,” published by the ABA.

Martin B. Cowan, Panelist
Marty is Chair of the ABA Senior Lawyers Division’s Task Force on Protecting IRA Accounts. He is past chair of the Real Estate Committee of the ABA Tax Section. He has practiced in areas of taxation and bankruptcy as a member of Milbank Tweed Hadley and McCloy in New York City. He has taught tax law at NYU, Miami, Florida State and Quinnipiac Law Schools. He is the author of more than 40 published articles on taxation.

For more information on the webinar series or on the SLD's Elder Abuse Prevention Task Force, please email the chair, Deirdre Lok, at Deirdre.Lok@hebrewhome.org

For more information about protecting IRA accounts, email abasrlawyers@americanbar.org

Additional program materials

Slideshow presentation - The complete slideshow used during our February 16 webinar. 

Discussion Draft Resolution - A draft of the resolution being worked on by the Senior Lawyer Division's IRA Protection Task Force. 

Additional information from the webinar - Supplemental materials, including the current legal restrictions on protecting IRA accounts, FINRA proposals, and "Red Flag" events that might trigger additional oversight of an IRA account. 

Video