As you approach retirement - as if you don’t already have enough to worry about - a concern should be diminished capacity. Common sense, and a lot of statistics, tell us that as you age, the chance of ...

Lawyers may throw around the term “diminished capacity” in dealing with elders because they have to be aware of elders signing things they may not understand. Lawyers are supposed to protect against ...

Michael Haubrich of the Financial Service Group presented at last month's Financial Planning Association Retreat on the topic of planning for clients with diminished capacity. Credit: Tobias Salinger ...

Perhaps the most difficult conversation a financial adviser is likely to have with a client won’t involve asset allocations or retirement planning. It will center on the client’s mental capacity. The ...

Aging can change many things in a person's life, including the ability to manage one's own money. That sobering reality is behind a recent resource, Planning for Diminished Capacity and Illness, ...

The aging of the U.S. population presents both challenges and opportunities for the financial services industry. Adults over the age of 50 control more than 80% of U.S. assets. Meanwhile, nearly a ...