Category: California Financial Elder Abuse Attorney

ATTORNEY NEWSLETTER Understand How Deferred Annuities Work Avoid Quick Decisions And High-Pressure Sales Tactics Ask the Right Questions And Get A Second Opinion An annuity is an insurance contract. An insurance company agrees to pay you income at regular intervals in return for an upfront premium payment; these annuity contracts […]

ATTORNEY NEWSLETTER Financial Elder Abuse Is A Crime Seniors At Risk Of Financial Elder Abuse From Caregivers And Others Five Ways To Spot And Stop Caregiver Fraud Whenever a caregiver or other stranger is in a senior’s home there is a very real danger of theft, whether the caregiver comes […]

ATTORNEY NEWSLETTER Changing A Principal’s Estate Plan For Personal Benefit Closing Longstanding Accounts Isolation And Removing Trusted Advisors Powers of Attorney (POAs) grant the agent broad powers over virtually all of a principal’s affairs.  POAs can cover financial matters and health matters.  The California Probate Code provides standard forms for […]

ATTORNEY NEWSLETTER Neighbor Held Himself Out As A “Caregiver” Judge Found Man Exploited Position Of Trust Isolated Victim From Those Who Could Help Seniors are vulnerable to financial elder abuse from any number of people: caregivers, persons with a Power of Attorney over the senior’s finances, insurance agents, investment advisors, […]

ATTORNEY NEWSLETTER Stealing From Principals Under Their Power Of Attorney Predator Revoked Family Member Appointment  Remedies For Power Of Attorney Misuse Different forms of Powers of Attorney (POAs) cover financial matters and health and medical needs.  The California Probate Code provides standard forms for both types of POAs.  See Cal. […]

ATTORNEY NEWSLETTER Financial Advisor Allegedly Stole From 73-Year-Old Client Advisor Made 60 Transfers From Client’s Account Defendant Cultivated Personal Relationship With Client Senior citizens are at risk from financial elder abuse from caregivers, strangers, and those who have direct access to their money like financial advisors or persons acting under […]

ATTORNEY NEWSLETTER 2022 Martin Luther King Holiday Using The Holiday To Help Seniors Building The Beloved Community           Our ultimate end must be the creation of the beloved community.             — The Rev. Dr. Martin Luther King Jr., April 15, 1960, in Raleigh, North Carolina The Martin Luther King Jr. […]

ATTORNEY NEWSLETTER Unsuitable Deferred Annuities For Seniors High-Pressure Sales Tactics Warning Signs For Consumers Annuity carriers pay commissions as high as 10 percent to insurance agents when they sell deferred annuities.  Agents in turn target seniors with these sales; sometime the pitch may be to convince a senior consumer to […]

ATTORNEY NEWSLETTER Forged Checks Off Patient’s Account Theft Of Firearms And Other Charges Bank Reported Suspicious Checks Unscrupulous caregivers who prey on seniors many times strike more than one victim.  If a greedy caregiver gets away with stealing from one patient, he or she is likely to steal from the […]

ATTORNEY NEWSLETTER  Agents Target Seniors For Sales Of Deferred Annuities  Disadvantages For Seniors Beware Of Recommendations To Switch Contracts Insurance agents target seniors for sales of deferred annuities but these insurance products are especially complex.  Deferred annuities can run from 50 to over 100 pages long with endorsements (called riders) […]