ATTORNEY NEWSLETTER Complaints Over Hybrid Annuities What Are Hybrid Annuities? Hybrid annuities, often called buffer variable annuities or structured variable annuities, are complicated combinations of fixed and variable deferred annuities. Equity-indexed or Fixed-indexed annuities are also hybrid annuities.  Agents and issuers sell hybrids as “buffers” against market downturns with higher caps […]

ATTORNEY NEWSLETTER Rehabilitation Services Company Settles Whistleblower Case for $6 Million False Claims Act Suit Whistleblower/qui tam cases brought under the federal False Claims Act (FCA) often involve false claims for payment under government programs like Medicare and Medicaid. In a recent settlement announced by the Department of Justice, a […]

ATTORNEY NEWSLETTER Abuse A Growing Crime Against Elders Elder Abuse in Nursing Homes Elder abuse has become an epidemic in this country. The number of elders being abuse is estimated at around 2.5 million every single year. Such statistics are heartbreaking and as the US population ages the figures are […]

ATTORNEY NEWSLETTER Prepare For Your Holiday Visits With Seniors Many of us will visit elderly relatives over the holidays. It may be a once a year trip to see parents or other elderly loved ones who live far away.  This is an important opportunity to check in.  Isolation is a […]

ATTORNEY NEWSLETTER Eighty-Seven Year Old Nun Allegedly Raped in Nursing Home Why She Couldn’t Sue In one of the most horrific stories of nursing home abuse we’ve read, an 87-year old nun maintains she was raped in a nursing home in her own bed. The physical evidence strongly corroborates her […]

ATTORNEY NEWSLETTER What Duty Does An Agent Owe You? Putting You First We at Evans Law Firm litigate the question of an insurance agent’s duty to his clients, particularly when it comes to life insurance and/or annuities. We have written on the subject in this column.  As life insurance and […]

ATTORNEY NEWSLETTER Federal Government Moves Against Elder Abuse The federal government is taking new steps against the epidemic of elder abuse in this country. President Trump recently signed into law the Elder Abuse Prevention and Prosecution Act which establishes new requirements for the Department of Justice (DOJ) to investigate and […]

ATTORNEY NEWSLETTER Financial Elder Abuse Often Unreported A Growing Problem Recent studies indicate that 1 in 5 seniors will become victims of financial elder abuse. The numbers are up dramatically from past research results and estimates are that financial elder abuse costs its victims a total of $36 billion in […]

ATTORNEY NEWSLETTER Let Us Review Your AXA Equitable Universal or Whole Life Policy If you or a loved one is over age 60 and a California resident who surrendered an AXA Equitable Life Insurance Company universal or whole life insurance policy you may have paid a surrender penalty. California requires […]

ATTORNEY NEWSLETTER  A Closer Look At Variable Annuities Variable annuities are hybrid investments with securities and insurance features. Unlike fixed annuities, returns on variable annuities fluctuate with the market. The Financial Industry Regulatory Authority (FINRA) and Securities and Exchange Commission (SEC) both regulate sales of variable annuities.  The complexity and […]