Reporting suspected elder abuse may seem far from a planner's basic job description, but a growing number of states are actually mandating planners to do it.
Eleven states have specific statutes that include financial planners within their mandatory reporting requirements for elder abuse, and another half-dozen states have statutes that mandate any person who has any level of suspicion of elder abuse to report, says Anthony A. Marrone II, president of the Marrone Law Firm in East Syracuse, N.Y.
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