Financial cost of guardianship
From a New Mexico Concerned Senior Citizen
THE 6 MILLION DOLLAR GUARDIANSHIP HEIST In review of the guardianship law, we find that the guardianship law was enacted for the protection of the protected person and the protected person’s assets. The Uniform Probate Code states, that the adult guardianship law is to protect the incapacitated person and to protect the incapacitated person’s assets. Using the guardianship law for any purpose other than protection, would be an unlawful and wrongful use of the guardianship law. What we are [- more...]
What The Bar does with other people’s money— IOTA accounts–Update 2018
The All Powerful Bar in Florida (and other states) has a Charitable arm called the Florida Bar Foundation, a not for profit corporation supported by numerous cash streams. A small percentage of their income comes from member donations, but if figures from Their annual report from 2016 are correct The Florida Bar Foundation received a total of 5.5 million in income last fiscal year (down from a high of 44 million ten years ago when interest rates were higher) and a whopping 44.6% of that was [- more...]
OPPG’s first major action in FL
Court-appointed professional guardian Elizabeth “Betsy” Savitt broke state law in cases involving disabled individuals and seniors citizens, often with the help of her husband — then sitting Circuit Court Judge Martin Colin — according to a blistering complaint by the state’s new guardianship office. The complaint is the first of its kind by the Office of Public and Professional Guardians, which was formed in 2016 by the state Legislature in the wave of criticisms about professional [- more...]
And now the FINRA attack on Seniors
FINRA rules Predictably as more and more information becomes available detailing financial abuses against seniors by individuals and institutions, institutional responses to the perceived threats have emerged. As expected, the cures are even worse than the problem. One such response from FINRA has spawned situations in which the abuses even compounded. Effective February 5, 2018, members of the Financial Industry Regulatory Authority (FINRA) have new account obligations for [- more...]
The Death of Democracy in the Probate “Court”
The Death of Democracy in the Probate “Court” By David Arnold Originally published in the Boston Broadside December 2017 Reprinted with permission The United States is a democracy. Right? I never questioned that until 2012. Someone that I loved very dearly was subjected to severe abuse by the Probate Court. I was also subjected to abuse. I survived. Gretchen did not. The lasting damage done to me by this experience was the destruction of my belief that people do not have to fear abuse by [- more...]