Category: California Financial Elder Abuse Attorney

ATTORNEY NEWSLETTER Buffer Annuities Are A Type of Variable Annuity Similarities To Indexed Annuities Caps And Participation Rates Limit Returns All deferred annuities are complex insurance products, and we recommend against them for senior consumers particularly.  Deferred annuities are sold by agents in three general categories: fixed, indexed, and variable.  […]

ATTORNEY NEWSLETTER More Than 6300 Reports Of Elder Abuse In 2020 Financial Elder Abuse Cases Up Dramatically  FBI Reports Record Numbers of Elder Abuse Cases Too Incidents of elder and dependent adult abuse have been climbing in Santa Clara County since 2013, but the biggest spike occurred last year while […]

ATTORNEY NEWSLETTER Allegations Of Forgery And Access To Accounts Nursing Home Administrator Allegedly Wrote Resident Checks To Herself Warning Signs Of Financial Exploitation Families of nursing home residents are generally aware of the dangers of neglect, abandonment or physical abuse that institutionalized elders face. Families of older persons are also […]

ATTORNEY NEWSLETTER Allegations Of Unlawful Use Of Debit Card  Another Caregiver Reports Suspicions To Police Unauthorized Purchases On Dependent Adult’s Card The pandemic has greatly increased reported incidents of financial elder or dependent adult abuse here in Contra Costa County and throughout California.   Forced isolation as a result of the […]

ATTORNEY NEWSLETTER Seniors And Fixed Indexed Annuities High Commissions, Fees, And Surrender Penalties Policy Exchanges As Taxable Events Deferred annuities are complex insurance products.  Carriers that issue the products pay handsome sales commissions to the agents who sell the products to consumers.  With old consumers especially, an agent may propose […]

ATTORNEY NEWSLETTER Court-Appointed Fiduciaries Wield Great Power What Can Go Wrong And Potential For Abuse Of Power  Court-appointed conservators and other fiduciaries (such as guardians or trustees) wield enormous power over the dependent individuals and properties they are appointed to manage and protect.  Court appointments supersede earlier Powers of Attorney, […]

ATTORNEY NEWSLETTER Ingrid M. Evans On Financial Elder Abuse And Fraud Financial Exploitation of Seniors By Caretakers, Insurance Agents And Others The founder of Evans Law Firm, Inc., Ingrid M. Evans, was recently interviewed on The Attorney Post on the subject of financial elder abuse.  From the very beginning of […]

ATTORNEY NEWSLETTER Four Years Of Alleged Theft Authorities Allege Forged Checks And Checks To “Cash” Victim’s Trust Dissolved And Allegedly Paid Over To Caregiver Financial elder abuse by caregivers can range from the one-time theft of cash or an unauthorized use of a credit card to sustained embezzlement over years, […]

ATTORNEY NEWSLETTER Cracking Down On Nursing Home Fraud And Abuse In California Creation Of Operation SAFE (Stop Abuse and Fraud of Elders) Inspection Program To Target Fraud And Elder Abuse California State Attorney General Xavier Becerra, President Biden’s pick to lead the Department of Health and Human Services, before leaving […]

ATTORNEY NEWSLETTER Agents Oversimplify How Deferred Annuities Work The Dangers For Seniors Are In The Details Exchanging Existing Annuities Can Be Very Costly Deferred annuities come in various forms, but one of the products insurance agents promote for seniors are fixed indexed annuities (FIAs).  Agents sell FIAs to seniors in […]