Anna Sulkin Stern

As fraud continues to rise at an alarming pace, the U.S. House of Representatives has taken a decisive stand against elder financial abuse with the overwhelming passage of the Financial Exploitation Prevention Act of 2025. Approved by a bipartisan vote of 414-2 last week, this landmark legislation provides financial institutions and advisors with critical tools to safeguard seniors and vulnerable adults from increasingly sophisticated fraud schemes.

The landscape of wealth management is undergoing a dramatic transformation, driven by a generational shift that’s redefining everything from business ownership to investment philosophies.

(L-R): Michele Singer, Rob Reiner and Nick Reiner in 2013. Nick Reiner is petitioning for access to an estimated $1.5 million trust fund established by his parents, who he’s accused of murdering in December 2025, to finance his defense. This case presents a complex intersection of trust law, criminal defense rights and profound ethical considerations.