Category: Annuities Fraud

ATTORNEY NEWSLETTER Changing Annuities Rules May Even the Playing Field We’ve spoken a lot about the convoluted rules governing the financial products that are grouped under the name “annuities.” This moniker can cover a staggeringly wide variety of related products and categories, including deferred variable, indexed, and numerous other obscure […]

ATTORNEY NEWSLETTER The Ins and Outs of the Annuity Who’s paying for your annuity? If you own an annuity or are thinking or purchasing one, you probably know what’s supposed to happen with your money. You pay a lump sum up front, and the company you purchased it from guarantees […]

How can seniors prevent financial abuse? Seniors are sometimes the targets of choice for dishonest people. The perpetrators of elder abuse in California may be relatives of the family, children, grandchildren and friends. Professionals like caregivers, insurance brokers or financial advisers also may try to take advantage of the weaknesses […]

Whole Life Insurance So You Want to Know About Life Insurance It’s likely that at some point, you’ve either purchased or considered purchasing life insurance. Family, friends, and most financial advisors will advise you to consider it, particularly as you approach retirement. Some companies buy it for their employees, or […]

ATTORNEY NEWSLETTER Annuities: a Mysterious Maze Lots of questions come up when we talk about annuities. What is an annuity? How does it work? It is a smart investment? An annuity is a contract between a buyer and an insurance company. Sometimes, a broker/dealer intervenes in the transaction and tries […]

Why We Aren’t Fond of Annuities Annuities are something of an open discussion among financial planners and California fraud attorneys. While many believe that annuities have become a major vehicle for potential elder abuse and scam artists, others argue that they have redeeming qualities that can make them useful for […]

California Annuity Fraud Attorneys Discuss Transparency in Annuities ATTORNEY NEWSLETTER If you or someone you know is the owner of an annuity, you know firsthand exactly how confusing and complex those products can be. Buying one involves mountains of paperwork and piles of money. Annuities are major investments, and some […]

ATTORNEY NEWSLETTER Deferred Annuities – What to be aware of There are a number of ways that insurance companies use to convince elders in to purchasing annuities. Sometimes it is a broker-dealer or an insurance agent who contacts you, offering a free-lunch, free financial advices or financial services for a […]

Transamerica, Fidelity and Guarantee, and Gambling with your Life ATTORNEY NEWSLETTER There’s a reason Life Insurance is considered a safe bet. For over a century, these policies have been among the most carefully regulated in the financial world. Insurers like Transamerica, Allstate, and Fidelity and Guarantee are obligated to have […]

ATTORNEY NEWSLETTER San Francisco Annuity Fraud Attorneys Explain Why the World is Turning on Annuities What’s going on with annuities? It seems like annuities are suddenly at the center of a whirlwind in the financial industry. A scathing report by Senator Elizabeth Warren, a story in Forbes: just what is […]