Category: Elder Abuse California

ATTORNEY NEWSLETTER How Insurance Agents Financially Exploit Seniors Unscrupulous insurance agents can really wreak havoc on a senior’s finances. Agents prey on seniors’ anxiety over income security in a drive to sell commission-generating annuities and life insurance, including whole life, universal and equity-indexed policies.  In that drive for commissions, agents […]

ATTORNEY NEWSLETTER Elder Abuse by Caregivers Elder Abuse and Neglect can be Deadly Caregiver abuse of the elderly can be deadly. In a recent California criminal case,[1] law enforcement arrested a 62-year-old woman on charges of suspected elder abuse.  The woman was allegedly the caregiver and girlfriend of an 80-year-old […]

ATTORNEY NEWSLETTER Beware Annuities, Whole Life and Equity-Indexed Life Insurance  Consider the Drawbacks and Downsides Insurance agents and financial advisors push annuities and whole and equity-indexed life insurance as part of retirement savings plans, particularly on seniors or persons getting close to retirement and concerned about future income levels. Beware.  All of […]

ATTORNEY NEWSLETTER Caregivers and Physical and Financial Elder Abuse Extreme Abuse and Neglect Caregiver abuse of the elderly can be so shocking that it’s hard to believe anyone is capable of so much cruelty toward a dependent senior. In a recent California criminal case[1] of physical elder abuse by an […]

ATTORNEY NEWSLETTER Caregivers and Physical and Financial Elder Abuse Caregiver abuse and fraud on the elderly are real risks for seniors requiring in-home or institutionalized care. Caregiver abuse may include physical and emotional abuse and financial elder abuse or fraud.  In a recent California case[1] of physical elder abuse by […]

ATTORNEY NEWSLETTER FINRA Probes Compliance With Elder Abuse Rules The Financial Industry Regulatory Authority (FINRA) has announced it will soon start investigating broker compliance with new rules meant to protect elderly clients from financial elder abuse.[1]  The rules allow broker-dealers to place a hold on elderly clients’ account disbursements if they have […]

ATTORNEY NEWSLETTER California Care Home Owner Convicted of Death of Elderly Dementia Patient A California care home owner will spend time in jail for the death of a 65-year-old dementia patient struck and killed by a car when he wandered out of the care home where he lived.[1] During investigation […]

ATTORNEY NEWSLETTER Court-Appointed Fiduciaries Wield Great Power Potential for Abuse of Power Court-appointed conservators and other fiduciaries (such as guardians or trustees) wield enormous power over the dependent individuals and properties they are appointed to manage and protect. Court appointments supersede earlier Powers of Attorney, trustee nominations and the like […]

ATTORNEY NEWSLETTER Preventing Financial Exploitation of Seniors Tips on What to Watch For Some $2.9 billion is taken from older Americans every year, with victims numbering in the millions. Older persons with Alzheimer’s or other cognitive impairment are especially at risk.  The Marin County and California financial elder abuse attorneys […]

ATTORNEY NEWSLETTER Creating and Amending Trusts Many Californians, especially seniors, create trusts to hold their assets in part to avoid a lengthy probate process following death. The trusts may be fully revocable by the individual creating the trust (known as the “settlor”) or irrevocable during the settlor’s lifetime.  If revocable, […]