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The Lichtenberg Financial Decision Screening Scale (LFDSS): A new tool for assessing financial decision making and
Peter A Lichtenberg1,2, Lisa Ficker1, Analise Rahman-Filipiak1,2
1a Institute of Gerontology , Wayne State University , Detroit , Michigan , USA.
Abstract:
One of the challenges in preventing the financial exploitation of older adults is that neither criminal justice nor noncriminal justice professionals are equipped to detect capacity deficits. Because decision-making capacity is a cornerstone assessment in cases of financial exploitation, effective instruments for measuring this capacity are essential. We introduce a new screening scale for financial decision making that can be administered to older adults. To explore the scale's implementation and assess construct validity, we conducted a pilot study of 29 older adults seen by APS (Adult Protective Services) workers and 79 seen by other professionals. Case examples are included.
