Category: California Financial Elder Abuse Attorney

ATTORNEY NEWSLETTER Jail Sentence For Defrauding Seven Seniors Caregiver’s Third Conviction For Financial Elder Abuse Investigation Lasted Twenty Months Financial elder abuse is sometimes a single event or transaction but more commonly it is a sustained scheme playing out over time. Either way, each and every act of financial elder […]

ATTORNEY NEWSLETTER Transfers Out Of 73-Year-Old Client’s Account Money Withdrawn For Personal Use Advisor Faces Up To 20 Years In Prison Access to a senior’s bank or investment account is an irresistible temptation for unscrupulous advisors and brokers.  Sometimes the advisor is a new acquaintance of the senior but sometimes […]

ATTORNEY NEWSLETTER Charges Of Theft Of Over $400,000 Victim’s Daughter Blew Whistle Leading To Audit Holding Fiduciaries Accountable Conservators and other Court-appointed protectors for elder and dependent adults are chosen and appointed to protect persons who are unable to provide for their own needs.  Court appointments supersede earlier Powers of […]

ATTORNEY NEWSLETTER Understanding How Deferred Annuities Work High Fees And Low Returns Years Of Withdrawal Penalties An annuity is a contract between you and an insurance company. With a deferred annuity, you pay for the annuity through a lump sum or multiple premium payments, and the company promises to pay you […]

ATTORNEY NEWSLETTER Caregiver Allegedly Targeted Several Elder Victims String of Abuse And Theft Allegedly Totals Over $600,000 Forged Checks, Identity Theft And Money Transfers Caregiver theft in the home sadly is becoming more and common. The rapidly growing elderly population are staying in their homes, allowing essentially strangers into their […]

ATTORNEY NEWSLETTER Civil Complaint Alleges Older Victims Lost Life Savings Agent Allegedly Sold Unregistered Promissory Notes FINRA Bars Defendant As Registered Financial Advisor Financial elder abuse by financial advisors, brokers, and insurance agents may be a one-time sale or unauthorized trade or it can be a sustained scheme taking more […]

ATTORNEY NEWSLETTER Changing Estate Plans When Senior Lacks Capacity Holding Attorneys Accountable Individuals create trusts to hold their assets to avoid a lengthy probate process following death and make sure their estate passes to their spouse or children or grandchildren or other beneficiaries of their own choosing.  Typically, these trust […]

ATTORNEY NEWSLETTER Agent Allegedly Stole $300,00 From Two Dementia Patients  Victims Were Residents Of Assisted Care Facility  Agent Left Victim Bills Unpaid, Threatening Their Eviction Powers of Attorney (POAs) are incredibly important – and powerful – legal instruments.  Sometimes, they are absolutely essential when the principal needs their appointed agent […]

ATTORNEY NEWSLETTER Caregiver And Husband Accused Of Credit Card Theft Alleged Spending Spree With Bedridden Victim’s Cards Victim A 71-Year-Old Cerebral Palsy Patient Confined To Bed Unscrupulous caregivers strike quickly if they can access cash, checks, ATM cards, credit cards, and jewelry.   The theft may start out relatively small with […]

ATTORNEY NEWSLETTER Not The Same As Index Fund Investments High Sales Commissions, Fees And Withdrawal Penalties Annuities Are Not Insure Investments Whenever an insurance agent approaches you with a deferred annuity, like an indexed annuity dig a little deeper to understand how these indexed annuities operate in real life. Indexed […]