Monthly Archives: August 2024

ATTORNEY NEWSLETTER Disadvantages For Seniors Policies Are Expensive And Complicated Withdrawals Penalties, Commissions And Fees Deferred annuities are extremely complicated insurance contracts sometimes running to 50-100 pages of technical language and actuarial tables. Seniors are often targeted by insurance agents with proposals for deferred annuities.  Evans Law Firm, Inc. generally recommends […]

ATTORNEY NEWSLETTER Checkbooks Stolen From The Elderly Check Fraud On The Rise Protecting Older Loved Ones Financial elder abuse takes many forms.  Forged and stolen checks are one recurring way dishonest persons financially abuse older people.  At Evans Law Firm, we have seen many cases where a dishonest caregiver, stepchild, […]

ATTORNEY NEWSLETTER Defendants Allegedly Submitted False Evaluation Codes Whistleblower To Receive $2.8 Million Reward How Qui Tam Cases Begin Billions of dollars are lost annually by the government for payments on false claims for government reimbursement.  Private citizens bring cases in federal courts throughout the country under the False Claims […]

ATTORNEY NEWSLETTER Complex Contracts With Penalties To Exit Sales Commissions And Fees Erode Returns Unfavorable Interest Crediting Formulas Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. The contracts are illiquid […]

ATTORNEY NEWSLETTER Financial Elder Abuse By Dishonest Caregivers Case Example Protecting Seniors Many older Californians and their families elect to remain in their homes when they age and hire in-home caregivers to assist them when they can no longer care for themselves.  Many caregivers are hardworking, compassionate people who truly […]

ATTORNEY NEWSLETTER $2.7 Million Stolen And Attempt To Take $20 Million Estate 15-Year Sentence Protecting Loved Ones From Abuse Strangers who take over an older or dependent person’s life under the guise of “caregiver” or “friend” can really take advantage of the situation if there is no one watching out […]

ATTORNEY NEWSLETTER 93-Year-Old Victim Check Fraud Allegations Protecting Older Loved Ones The Office of Comptroller of the Currency recently reported that in 2022 there were 680,000 claims of suspected check fraud in the United States, more than double the number reported in the previous year.  Although any person can be […]

ATTORNEY NEWSLETTER Defendants Allegedly Failed To Fulfill Cybersecurity Requirements Former Employee Blows Whistle Over $1.9 Million Reward For Whistleblower Fraud against the government costs taxpayers billions every year and the majority of fraudulent claims submitted to the government for payment arise from the healthcare sector.  To combat this fraud, private […]

ATTORNEY NEWSLETTER Some Recommended Rules From Financial Advisors Financial elder abuse is an especially disastrous form of abuse of seniors, and millions of seniors are victims of financial elder abuse every year in this country.  Senior victims of financial elder abuse are frequently targets of abuse from the very people […]

ATTORNEY NEWSLETTER Fixed And Indexed Annuities Disadvantages For Seniors Surrender Penalties And Fees Deferred annuities are marketed in a variety of different product names by numerous life insurance carriers. The two primary types are fixed and indexed contracts, with many blends of both the “fixed” and “indexed” characteristics in between.  […]