Category: California Financial Elder Abuse Attorney

ATTORNEY NEWSLETTER California Law On Gifts to Care Custodians Tightening the Marriage Exemption California law presumes that gifts by an elder or dependent adult to their care custodian are the product of undue influence and void, unless the undue influence presumption is overcome by clear and convincing evidence to the […]

ATTORNEY NEWSLETTER Financial Elder Abuse Can Strike Any Senior Isolated Seniors Are Most At Risk What To Watch Out For Statistics show that all seniors are vulnerable to financial exploitation but isolated seniors are at particular risk of. These risks are  intensified as we shelter in place. Caregivers, spouses, boyfriends […]

ATTORNEY NEWSLETTER Interest Rates On Fixed Annuities Plummeting  Do Not Be Rushed Into A Fixed Annuity Understanding Rates Of Return On Annuities Whenever the Dow drops, insurance agents push annuities as “safe” retirement investments. But right now interesting rates are dropping too which means annuity carriers will pay a lower […]

ATTORNEY NEWSLETTER Cash, Checks, and Caregivers The Danger of Checking Accounts in Easy Reach Preventing Caregiver Theft In-home caregivers have access to a senior’s cash, bank accounts, important papers and other valuables if you don’t take precautions to prevent such access. Greedy caregivers strike quickly and one of their schemes […]

ATTORNEY NEWSLETTER Interest Rates On Fixed Annuities Plummeting  Do Not Be Rushed Into A Fixed Annuity Insurance agents are using the big Dow drop to push the “safety” of fixed annuities just as carriers slash interest rates on those products. It’s a no-win for consumers. Our lawyers recommend avoiding annuities […]

ATTORNEY NEWSLETTER How Do Income Riders Work? Are They Worth It? Our lawyers recommend you avoid annuities, especially if you’re a senior. Be particularly wary when an agent tries to sell you annuities with “enhanced” features like income riders. Income riders, often sold as “Guaranteed Lifetime Withdrawal Benefits” or “Guaranteed […]

ATTORNEY NEWSLETTER Fatal Caregiver Abuse Kidnapping and Neglect of Seniors for Financial Gain Caregiver abuse of the elderly and other dependent adults can be gruesome and deadly. In one horrific case, caregiver was sentenced recently to 13 years in state prison after pleading guilty to voluntary manslaughter and false imprisonment […]

ATTORNEY NEWSLETTER Dangers of Annuities in Trusts Avoiding Taxable Events Our annuity and financial elder abuse attorneys recommend against annuities for seniors in particular, because commissions, fees and surrender penalties reduce returns and make it expensive to get your money out if you need it.  Our litigators also understand the […]

ATTORNEY NEWSLETTER Checks, Cash, Credit Cards, and Caregivers The Danger of Checks and Important Papers in Easy Reach Preventing Caregiver Theft In-home caregivers have access to a senior’s checks, cash, jewelry, silver, ATM and credit cards, bank accounts and important papers unless you keep them out of reach. In one […]

ATTORNEY NEWSLETTER Verify You’ve Named The Beneficiaries You Want Outdated Beneficiary Designations Can Cause Problems Keeping beneficiary designations current on life insurance policies, annuities, bank accounts, CDs and IRAs might be one of the most important things you can do to see that your assets pass to the right persons […]