Category: California Financial Elder Abuse Attorney

ATTORNEY NEWSLETTER Elder Abuse Comes In Different Forms Looking For Signs Of Neglect And Abuse Safeguarding Older Loved Ones From Abuse And Neglect Elder abuse can be physical, emotional, financial, and verbal; neglect and abandonment are also forms of elder abuse. The National Council on Aging says up to five million older […]

ATTORNEY NEWSLETTER Direct Deposits Allegedly Redirected To Caregiver’s Account Changes Made By Online Access How To Prevent Financial Elder Abuse Whenever a dishonest caregiver gains access to confidential financial information of an elderly person, there is a risk that they will use that information to take as much money from […]

ATTORNEY NEWSLETTER Civil Penalties And Criminal Charges For Misuse Examples Of Power Of Attorney Misuse Enhanced Remedies For Seniors Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, and medical powers of attorney, known in California as an Advance Health Care Directives (AHCDs), grant authority over […]

ATTORNEY NEWSLETTER How Seniors Are Financially Exploited Signs Of Financial Abuse Noticing Social, Physical And Behavioral Clues As we age, we may grow dependent on the help of others.  The process may be gradual or sudden (as after a stroke or accident).  Either way, increased dependence on others open up […]

ATTORNEY NEWSLETTER $6 Million Stolen From Elderly Clients Money Spent By Financial Advisor For Personal Expenses Long Prison Sentence And Restitution Ordered Seniors are potentially financial elder abuse victims from many different directions: by in-home caregivers; insurance agents, trustees, conservators, second spouses, boyfriends or girlfriends, or financial advisors.  Predators may […]

ATTORNEY NEWSLETTER Costly Withdrawal Charges And Contract Fees Interest Crediting Rules Favor Carrier Risk of Loss Of Principal Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange from an income stream in years to come.  The principle sounds simple enough but in fact deferred […]

ATTORNEY NEWSLETTER 81-Year-Old Victim Victim Entrusted Caregiver To Pay His Bills Authorities Allege Caregiver Stole Thousands The consequences of financial elder abuse on senior victims can be devastating.  Some elderly victims are driven to the brink of homelessness due to lack of funds to pay their rent.  There are instances […]

ATTORNEY NEWSLETTER Allegedly Threatened Victim Victim Without Funds To Pay Rent Suspicious Transactions Reported By Victim’s Granddaughter Financial elder abuse of seniors by dishonest and greedy caregivers is one of the most pervasive forma of financial elder abuse.  Reports of caregiver fraud and abuse appear almost every day in the […]

ATTORNEY NEWSLETTER Fixed Indexed Annuities From Nationwide Life and Annuity Insurance Company Nationwide’s New Heights© Fixed Indexed Annuities J.P. Morgan MOZAIC I and MOZAIC II Investment Strategies Nationwide Life and Annuity Insurance Company, part of the Nationwide Mutual Insurance Group, issues various types of deferred annuities throughout the State of […]

ATTORNEY NEWSLETTER Victims Resided In Assisted Care Facility Family Of One Victim Discovers Suspicious Charges Suspect Accused Of Unauthorized Charges On Two Patients’ Cards Whenever a dishonest caregiver or other stranger enters a senior’s home or a senior’s room in an assisted care facility or nursing home, credit and debit […]