Ethical Issues for Seniors Flashcards
7 cards from real CSA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Ethical Issues for Seniors flashcards as text
An elderly client tells you she wants to give her entire savings to a televangelist. What is the most ethical first step?
Answer: Assess whether she has cognitive impairment affecting her decision-making capacity
Assessing decision-making capacity is the first ethical step before taking any further action regarding a potentially harmful financial decision.
Which principle most directly governs a senior advisor's duty to avoid actions that harm clients?
Answer: Nonmaleficence
Nonmaleficence is the ethical principle requiring practitioners to avoid causing harm to their clients.
A CSA discovers that a colleague is recommending unsuitable annuities to seniors for high commissions. What should the CSA do?
Answer: Report the misconduct through appropriate channels such as the CSA ethics board
Reporting colleague misconduct through proper channels protects seniors and upholds the integrity of the CSA designation.
Undue influence over a senior is most likely occurring when:
Answer: A caregiver isolates an elder and is named sole beneficiary in a new will
Isolation combined with financial benefit to a caregiver are classic indicators of undue influence.
A senior advisor learns that a 78-year-old client is being overcharged by a home repair contractor who is a friend of the client's son. This is best described as:
Answer: A potential form of financial exploitation requiring further attention
Overcharging a vulnerable senior by a trusted contact is a form of financial exploitation that a CSA is ethically obligated to address.
When a senior's stated wishes conflict with what their family believes is best, the ethical standard is to:
Answer: Follow the senior's wishes if they have decision-making capacity
A competent senior's autonomous choices take precedence over the preferences of family members.
Which situation represents a dual-role conflict of interest for a CSA?
Answer: Serving simultaneously as a client's financial advisor and the trustee of their estate
Serving as both advisor and trustee creates a dual role where the CSA's personal interests or duties may conflict with the client's best interests.