Safeguarding Against Golden Opportunities

As the population ages, more people try to take financial advantage of the elderly. This article looks at several issues concerning elderly clients and the attorneys who are trying to help them. These issues include various investment schemes that deceive the elderly, the differences between elderly and younger investors and why the elderly are more vulnerable to predatory schemers. Also, this comment discusses what attorneys can and can’t do under the Model Rules of Professional Conduct to help protect their clients. Finally, this comment examines potential solutions that gives attorneys more power to help protect their client.