A person-centered approach to and financial decision making assessments for older adults
Presenter(s)
Dr. Peter Lichtenberg
This session will describe new evidence-based approaches to the assessment of real world financial management and financial decision making skills in older adults. Using a person-centered approach, new tools have been developed and researched for nearly a decade. The intersection of cognitive decline, financial decision making, financial management and financial exploitation will be explored as will data from validity and implementation studies.
Peter A. Lichtenberg, Ph.D., ABPP is the Director of The Institute of Gerontology and the Merrill Palmer Skillman Institute, and a Distinguished Professor of Psychology at Wayne State University in Detroit, Michigan. He completed a post doctoral fellowship in geriatric neuropsychology at the University of Virginia Medical School where he also became a faculty member. Dr. Lichtenberg has been a clinician and researcher throughout his career and is one of the first board certified Clinical Geropsychologists in the nation. He devotes his clinical and research efforts to better understand the intersection between cognitive impairment, financial capacity and financial exploitation; finding ways to balance autonomy and protection for older adults. Across the past decade he has created several tools to help assess financial vulnerability, and financial decision making capacity and partnered with the State of Michigan to have his tools