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Assessment of Capacity in Older Adults - Module 4: Financial Capacity, Financial Exploitation and Undue Influence

CE Credit: 1

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Length: 1 hour

Exam Items: 4

We introduce a new way to assess financial decision making, and relate it both to financial capacity and financial exploitation. A new conceptual model and empirical findings are discussed within the context of reviewing relevant literature.

Presenter: Peter A. Lichtenberg, PHD, ABPP

Peter A. Lichtenberg, PHD, ABPP is the Director of The Institute of Gerontology and the Merrill Palmer Skillman Institute and Professor of Psychology at Wayne State University in Detroit.  He is particularly interested in the area of intersection between financial capacity and financial exploitation; finding ways to balance autonomy and protection for older adults. In 2013, he published the first nationally representative study on predictors of older adult scam victims. He recently completed the creation of the Lichtenberg Financial Decision Making Rating Scale, and the Lichtenberg Financial Decision Screening Scale: He has authored 7 books and over 200 scientific articles and book chapters in Geropsychology including being the senior editor for the American Psychological Association’s Handbook of Clinical Geropsychology.  

Learning Objective 1
Define and distinguish financial capacity, financial exploitation and undue influence.

 

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Supplementary Materials

  • Financial Capacity, Financial Exploitation and Undue Influence PowerPoint Slides
  • Assessment of Mr. Blinded’s financial capacity
  • Lichtenberg Financial Decision Screening Scale (LFDSS)
  • Lichtenberg Financial Decision Screening Scale (LFDSS): Instructions for Administration and Scoring
  • Lichtenberg Financial Decision-Making Rating Scale (LFDRS) Short Form
  • Lichtenberg Financial Decision-Making Rating Scale (LFDRS) Short Form - Instructions for Administration
  • Assessment of Capacity in Older Adults References