Guest: Reina Schlager, CPA/PFS

As a CPA financial planner, you’re often the first to recognize when a client is showing signs of dementia and you’re in the trusted position to protect their finances and their care. Reina Schlager, CPA/PFS, shares experiences she has had to help you navigate similar situations with your clients, such as:

Helping to physically protect your clients
Recognizing when family members need to be told
Treating the client with dignity
Noticing when a guardianship needs to be put in place
Knowing when to bring in other advisors
Making sure client wishes are met with their care

Access resources related to this podcast:

Practice Guide: The adviser’s guide to retirement and elder planning
Podcast: The financial impact of Alzheimer’s disease

This episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS Credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program.

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Guiding clients with diminishing mental capacity - Part one {PFP Section}

AICPA Personal Financial Planning (PFP)