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Ken Schmidt

New Jersey: Man released from guardianship; Guardian tells him his life savings is “all gone” plus his condo is in foreclosure and his possessions have been sold

May 20, 2015 // 0 Comments

From USAToday: TOMS RIVER, N.J. — A 75-year-old placed under the care of a public guardian after suffering a traumatic brain injury in a fall almost two years ago finally has won back his independence. But Ken Schmidt’s savings and many of his assets are gone — sold off to pay for his assisted-living care, his guardian told him. ” ‘It’s all gone.’ That’s their classic answer: ‘I’m sorry, it’s all gone.’ And they won’t give me [- more...]