Monthly Archives: January 2025

ATTORNEY NEWSLETTER Caregiver Theft Of Victim’s Retirement Benefits Alleged Fraudulent Access to Benefit Profiles Steps To Prevent Financial Elder Abuse/Caregiver Fraud Dishonest caregivers with internet access may gain unauthorized access to a senior’s pension or Social Security benefit profiles with just a few pieces of important information like the senior’s […]

ATTORNEY NEWSLETTER Unauthorized Credit Card Use Victim’s Family Spots Suspicious Charges Protecting Older Loved Ones From Financial Elder Abuse Stealing a senior’s debit or credit cards and making unauthorized charges are a common form of financial elder abuse.  Whenever a dishonest caregiver or other stranger enters a senior’s home or […]

ATTORNEY NEWSLETTER Financial Powers Of Attorney Grant Broad Authority Over All Financial Matters<h1> The Risk Of Financial Power Of Attorney Abuse Is Always There Examples Of Theft By Use Of Financial Powers Of Attorney Powers of Attorney (POAs) are important and powerful legal documents that grant the agent appointed under […]

ATTORNEY NEWSLETTER Deferred Annuities Are Not For Seniors Costly, Complex Contracts Withdrawals Penalties, Commissions And Fees Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in years to come. The concept sounds simple enough but in fact deferred annuities, like […]

ATTORNEY NEWSLETTER Money Missing From Elder’s Accounts Fraudulent Checks And Phony “Gifts” Remedies For Seniors And Their Families Older persons lose more than $3 billion annually as a result of financial elder abuse, according to FBI and National Institute of Justice statistics. The true figure is likely much, much higher […]

ATTORNEY NEWSLETTER How Powers Of Attorney Are Misused To Steal From Seniors Case Example Remedies For Victims Financial powers of attorney (POAs) grant full legal authority over a person’s financial affairs, unless the POA expressly limits the appointed agent’s power in some way. The scope of the appointed attorney-in-fact’s powers […]

ATTORNEY NEWSLETTER Entrusted To Pay Victim’s Bills Victim Evicted For Unpaid Rent Protecting Older Loved Ones From Caregiver Fraud  While most financial elder abuse starts out relatively small, the amounts stolen grow over time as the predator gets away with his or her theft. Left undetected, financial elder abuse can […]

ATTORNEY NEWSLETTER Caregiver Fraud Case Example  Caregiver Access To Checks Protecting Seniors From Caregiver Fraud California broadly defines what constitutes financial elder or dependent adult abuse: (a) “Financial abuse” of an elder or dependent adult occurs when a person or entity does any of the following: (1) Takes, secretes, appropriates, […]

ATTORNEY NEWSLETTER Report Identifies Problems For Surviving Spouses And Family Members Pressure To Take On New, Higher-Interest Loans The Consumer Financial Protection Bureau (CFPB) was created by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) enacted in 2010. Under Dodd-Frank, the CFPB was charged with protecting consumers against […]

ATTORNEY NEWSLETTER Self-Dealing With Older People’s Property Case Examples Remedies For Injured Seniors Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, and medical powers of attorney, known in California as an Advance Health Care Directives (AHCDs), grant authority over medical decisions and health care issues. […]