Yearly Archives: 2018

ATTORNEY NEWSLETTER Understanding Immediate Annuities An immediate annuity is an insurance contract where the policyholder makes a single lump-sum payment and then begins receiving back almost immediately regular income payments. Imagine, for example, you’re over 60 and sell your home and decide to put some or all of the proceeds […]

ATTORNEY NEWSLETTER Large Whistleblower Awards Keep Coming False Claims Act 2017 was a banner year for whistleblower cases under the False Claims Act. The Department of Justice obtained more than $3.7 billion in settlements and judgments from civil cases involving fraud and false claims against the government in the past […]

ATTORNEY NEWSLETTER Caregiving Gone Wrong: Caregiver Fraud A silver picture frame is missing, a gold bracelet is gone, a new cellphone can’t be found, a bank account hemorrhages cash. Talk to anyone who’s hired a caregiver for an older loved one, and theft is almost always a major worry. Bringing […]

ATTORNEY NEWSLETTER Be Wary of Annuity Sales Presentations Have you ever returned to your car in a shopping center parking lot to find a flyer on your windshield inviting you to a free lunch and estate planning seminar? Such tactics are often used by insurance agents to lure seniors especially […]

ATTORNEY NEWSLETTER Financial Elder Abuse Over this past weekend the U.S. Department of Justice (DOJ) announced the largest coordinated sweep of elder abuse fraudsters in history. More than 250 defendants around the world were identified as victimizing millions of American seniors. The cases filed against the wrongdoers include criminal, civil […]

ATTORNEY NEWSLETTER Securities and Exchange Commission Whistleblower Program When Congress included whistleblower provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”), the program faced considerable opposition. Many large banks and companies, along with the Chamber of Commerce, argued that it would cut against existing compliance efforts and provide an […]

ATTORNEY NEWSLETTER Long-Term Care Insurance Claims Long-Term Care Insurance has always been sold by agents to help you pay for care when, later in life, you are unable to take care of yourself. Insureds trusted the policies would cover the costs of assisted living care, skilled nursing facilities, and in-home […]

ATTORNEY NEWSLETTER Transamerica Life Insurance Company Variable Annuities The annuity attorneys at Evans Law Firm Inc. represent clients who have suffered losses from surrenders and fees on all types of annuity contracts, including fixed, indexed, and variable deferred annuities. These contracts charge sales commissions, rider fees and other benefit charges, […]

ATTORNEY NEWSLETTER What to Expect From Your Financial Advisor Rules Governing Investment Recommendations Every day financial advisors recommend all kinds of investments to senior consumers in Santa Clara County and throughout California. Recommendations come from stock brokers, insurance agents, bankers, financial planners, and investment advisors.  Different government, industry and company […]

ATTORNEY NEWSLETTER Understanding Annuities Are Deferred Annuities Right for Seniors? If you are over age 60, live in California and own a deferred annuity, the annuities and financial elder abuse attorneys at Evans Law Firm, Inc. can review the provisions of your contract at no cost to you.  The California […]