Category: California Financial Elder Abuse Attorney

ATTORNEY NEWSLETTER Financial Elder Abuse Of The Most Vulnerable Predators Exploit The Dying Time and again our litigators see cases where caregivers and others financially exploit seniors suffering from terminal illness, and steal from them right up until death. These predators will take cash, write checks, open safes, forge documents, […]

ATTORNEY NEWSLETTER Dangers of Premium Payment Loans Tax Consequences Borrowing against a whole life insurance policy can have serious economic and tax consequences down the road if policyholders are not careful. Insurance agents use the fact that policyholders can borrow against the cash value of whole life policies as part […]

ATTORNEY NEWSLETTER Financial Elder Abuse Can Strike Any Senior High Achievers Vulnerable Too Dangers In Covering Up Cognitive Impairment Financial elder abuse can strike any senior, rich or poor, man or woman, living at home or in a care facility. Financial predators such as insurance agents, financial planners, and caregivers […]

ATTORNEY NEWSLETTER Disadvantages Of A “1035” Exchange  Consider 1035 Proposals As Red Flags Annuity Transactions And Tax Consequences Our litigators recommend against annuities, especially for seniors. If you already own an annuity, be extremely cautious whenever an agent or advisor recommends you replace or exchange it, especially if the idea […]

ATTORNEY NEWSLETTER Protect Yourself And Loved Ones From Financial Elder Abuse A Few Important Steps Financial elder abuse strikes seniors of all income levels, rich and poor. Financial predators target isolated seniors especially and isolation is more common than ever for elders right now given the COVID-19 lockdown. The San […]

ATTORNEY NEWSLETTER The Downsides to Annuities for Seniors Resist Hard Sell Tactics Especially The “Free Lunch” Seminars! By some estimates, American seniors hold two-thirds of the individual wealth in the United States. Insurance agents pursue senior consumers especially with insurance products like long-term deferred annuities. Every time an agent sells […]

ATTORNEY NEWSLETTER How Indexed Universal Life Insurance Works Don’t Be Pushed Into A Purchase Indexed Universal Life Insurance is a complicated life insurance product often sold by insurance agents as a retirement savings or estate planning investment, Do not allow an agent to force-feed you an insurance product which you […]

ATTORNEY NEWSLETTER Common Signs of Financial Elder Abuse What You Can Do About It Elder abuse is currently on the rise, and elders are more vulnerable than ever to financial abuse wrought by caretakers, insurance agents, financial advisors, girlfriends or boyfriends of the senior, persons acting under a Power of […]

ATTORNEY NEWSLETTER California Law On Duty Of “Highest Good Faith” For Spouses Prohibition of Taking Unfair Advantage In any transaction between married persons in California each spouse is subject to “a duty of the highest good faith and fair dealing” and prohibited from taking “any unfair advantage of the other.” […]

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 […]