We are now upon the largest transfer of wealth in human history encompassing the World War II cohort to the baby boomer generation. This cohort of older adults is also vulnerable to significant cognitive impairment that can affect mental capacities. The Finance Industry is increasingly aware of the need to be alert to questions of capacity and vulnerability to undue influence and exploitation in their older clients.
This presentation will review the underlying principles of capacity assessment and highlight "red flags" for advisors and others involved in wealth management. Dr. Shulman will present a clinician's perspective on cognitive assessment relevant to a wide range of mental capacities. Learn about the impact of dementias on clock-drawing and other commonly used cognitive screening tests and what safeguards should be in place.
KENNETH I. SHULMAN, MD, SM, FRCPsych, FRCP(C)
Professor of Psychiatry - Sunnybrook Health Sciences Centre
Dr. Shulman graduated from the Faculty of Medicine, University of Toronto. He did his postgraduate training at the University of Toronto and the Institute of Psychiatry in London, England and completed a Master's degree in Health Policy and Management at the Harvard School of Public Health. He is Professor of Psychiatry and the inaugural recipient of the Richard Lewar Chair in Geriatric Psychiatry at Sunnybrook Health Sciences Centre, University of Toronto.
Dr. Shulman has had a longstanding interest in testamentary capacity and other related capacities as well as vulnerability to undue influence and has been qualified as an expert witness in Estate matters in Ontario, Alberta, Texas and Bermuda. Together with colleagues he has published several papers on testamentary capacity and other capacities in international journals and is a frequent presenter at legal and finance continuing education conferences on Estates and Trusts.