Bressler Forms Senior Issues Group to Address Baby Boomer Financial Issues

January 16, 2018



Also reported in: LawFuel and Yahoo Finance

Multi-Office Team to Help Clients Deal with Financial Exploitation of Boomers-Turned-Seniors

Florham Park, N.J. – January 16, 2018 -- The law firm of Bressler, Amery & Ross, P.C. announced today that it has formed a multi-office, interdisciplinary team – Senior Issues: Counseling and Litigation Defense – to help clients deal with the many financial and legal issues relating to baby boomers preparing for retirement.

"For years, the financial industry has grappled with how to best protect seniors and vulnerable adults from exploitation," said Richard C. Szuch, a principal at the firm who is helping spearhead the new group. "The aim of the group is to help our corporate clients deal with these issues."

The Senior Issues Group lawyers have a shared interest in providing counsel to corporate clients who confront issues affecting seniors. They design programs to help clients prevent and detect the exploitation of seniors and avoid regulatory and litigation risk, including drafting supervisory and compliance procedures; preparing and conducting training programs; advising on reporting obligations and regulatory filings; and defending claims in litigation, wherever they may arise.

The new Senior Issues Group includes 21 attorneys drawn from Bressler's insurance, securities, and estate planning and administration practice areas. Attorneys in the group work out of the firm's offices in New Jersey, New York, Miami and Fort Lauderdale, Florida and Birmingham, Alabama.

Recently, Bressler completed a 50 state survey of regulations pertaining to seniors and vulnerable investors. As the laws in the 50 states are rapidly evolving, this survey is updated monthly. To view the survey, go to https://www.bressler.com/DE0ED6/seniors-regulations-state-by-state-chart.pdf.

"About 10,000 baby boomers will turn 65 each day for the next twelve years. With such numbers, it should be no surprise that financial exploitation costs 'seniors' and the financial services industry billions of dollars annually," added Mr. Szuch, who focuses most of his practice on defending clients in the financial services sector.

Bressler’s Managing Principal, Brian Amery, said the new group is a natural outgrowth of the firm's work in the financial services and wealth management areas. "We want to help our financial services clients navigate the transition of their baby boomer clients to aging seniors, and in the process allow them to avoid problems of financial exploitation."

The group also provides advice on estate planning issues affecting seniors, such as identifying estate and tax strategies for seniors of varying wealth levels and ways to address a client's current or potential incapacity.

For more information on the overall new Senior Issues Group, go to https://www.bressler.com/senior-issues

About Bressler, Amery & Ross, P.C.
Bressler, Amery & Ross, P.C. is a leading full-service law firm that represents Fortune 500 corporations, midsize, and small privately held companies, brokerage firms, banks, franchises, insurers and non-profits. The firm also represents emerging companies, high-net-worth individuals and families. The firm's main practices include securities, insurance, employment, and business litigation, including dispute resolution and tax. A NLJ350 firm and NJLJ Top 20 firm, Bressler has more than 175 attorneys in Florham Park, NJ; New York, NY; Birmingham, AL; Ft. Lauderdale and Miami, FL; and Washington, DC. For more information, visit www.bressler.com.