My family was one of the many families victimized by a predatory
guardian/executor business working under shield of secrecy in New Mexico
– i.e. the legal mandate to “seal” all fiduciary and medical records of
protected persons. I testified before one of the first hearings of the
Commission ordered by (N.M. Supreme Court) Justice Charles Daniels.
So
far, the absolute and vault-like sealing of any records pertaining to
the elderly, infirm and disabled has militated against their well-being.
The “sealing” provision of the law protects only malfeasant guardians
and conservators, not those who are the legal “protected persons.” Those
persons are actually hostages to a corrupt system, a corrupt system
which we have the opportunity to reform.
The sole financial
accounting my mother’s predatory guardian/executor performed was an
annual, two-page, woefully general letter to the judge, who was not an
accountant and lacked the skill or time to really analyze it.
The
reforms recommended by the commission will cost an initial outlay of $1
million. But Ayudando allegedly embezzled and Desert State Life
Management did embezzle at least $4 million from their clients. These
victims were veterans, the disabled, SSI recipients: the poorest of the
poor. Their funds will never be restored. How much will it cost the
state to support them in their destitution?
U.S.News & World Report (in its) Nov. 21 issue reported that
chief economist Jon Clark of the New Mexico Legislative Finance
Committee said the state’s recently depleted savings had substantially
grown, and that the state had set aside an estimated $500 million as of
the start of the fiscal year on July 1. The article further said that
although New Mexico’s state finances had been hit hard by a 2015
downturn in the oil sector, we are enjoying a rapid turnaround.
The
guardianship/executorship reform would cost only 1/500th of New
Mexico’s set-aside funding. But it would impact a great segment of the
population. A flood of Baby Boomers are getting older and will be at the
mercy of predatory guardians and conservators very soon.
There are many demands for money at this time.
However,
these victims, or hostages, have uttered “silent screams.” They are
people who lack any real representation, (for example a) Holocaust
survivor was not allowed to bring a journalist to a hearing before his
guardian.
The $600,000 initial cost for a computer software
program is a one-time investment; the commission’s recommendations
balance the protected person’s vital secrecy while protecting him or her
from rapacious exploitation; (and) one or two live watchdogs’ salaries
is a small price to pay to protect the very most vulnerable in New
Mexico.
Gov. (Susana) Martinez is uniquely positioned to aid the
New Mexicans vulnerable to predatory guardians and conservators for
three reasons:
1. Only she, as governor, can put this issue on the agenda for this session.
2.
(She) is a lawyer (and) knows how lawyers can subvert the spirit of the
law. Now the well-being of protected persons is sabotaged, not
fortified, by the law. This is done with the tool of the statutory
“sealing” of any records. Sunlight is a great disinfectant. With no
transparency at all, there can be no accountability at all.
3.
(She) is a caregiver of her sister. She knows how much caregivers love
their relatives. They do not want any of the provisions stored up for
their relative’s well-being to be misappropriated. Perhaps of even more
importance, they do not want their relative being mistreated should the
caregiver pre-decease the compromised relative. Both exploitation and
abuse are rampant under the status quo.
To many readers, this is a
lackluster issue. But its very low profile is by the design of
rapacious predators who function most effectively in the dark alleys of
non-accountability.
Full Article & Source:
The road ahead: Corrupt guardianship system needs reform
2 comments:
Good article. I am glad to see people actually taking the time to write a letter to the editor.
I believe all the media attention on New Mexico will bring reform. However, it has to be monitored as the minute the media turns away, steps will be taken to return to the old ways. There's too much easy profit in guardianship.
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