New York Private Trust - A Delaware Trust Company

Elder Financial Abuse: The Invisible Epidemic…Anatomy of the Astor Trial

Featuring Elizabeth Loewy, lead prosecutor on the Astor trial and Clark investigation, founding Chief of the Elder Abuse Unit of the New York County District Attorney’s Office, and Louis W. Pierro, founder and principal of the Pierro Law Group

Elder financial abuse is a crime affecting thousands of frail and elderly people in the US, with a huge financial and social cost. Most cases go unreported, hidden by fear and shame. Spend 90 minutes with Liz Loewy and Lou Pierro, and hear details regarding how a son’s web of deceit and greed against a victim who was in the throes of advanced Alzheimer’s disease led to larceny and fraud convictions. This presentation will also focus on ways in which older Americans and caregivers can help prevent fraud and abuse by using common tools such as guardianship, powers of attorney, revocable trusts, and how to create a family fortress for clients by utilizing sophisticated technology and modern trust design under Delaware law.

Ms. Loewy, is the Founding Chief of the Elder Abuse Unit of the New York County District Attorney’s Office. During her 30 year tenure at the DA’s Office, Ms. Loewy was in charge of the Domestic Violence Unit and responsible for overseeing the investigation and prosecution of approximately 800 elder abuse cases annually. In her new capacity, Ms. Loewy is now General Counsel and Senior Vice President of Industry Relations at EverSafe. EverSafe is a technology service designed to protect older Americans against financial exploitation. Ms. Loewy holds a JD from Albany Law School of Union University and a BA from the University of Pennsylvania.

Mr. Pierro has served as Chair of the Estate Planning Committee, and Committee on Taxation of the Trusts & Estates Section. He is currently a member of the Elder Law Section Executive Committee, founder and director of Elder Counsel, President & CEO of Advocates Planning Group LLC. A graduate of Lehigh University and Albany Law School, Mr. Pierro was admitted to the New York State Bar in January of 1984, and is licensed to practice in all New York State Courts, the US Supreme Court and the Second Circuit Court of Appeals.

Date: Wednesday, February 25, 2015
Time: 12:00 – 2:00 p.m. Lunch & Presentation
Location: 6 East 43rd Street, The Emerald Room, 3rd Floor
New York, NY 10017