Category: Elder Abuse California

ATTORNEY NEWSLETTER Preventing Fraud and Abusive Practices Always review your brokerage statements and trade confirmations carefully! That advice may sound obvious but the securities fraud lawyers at Evans Law Firm, Inc. want to underscore that important reminder.  Statements help you stay on top of your investments but also provide valuable […]

ATTORNEY NEWSLETTER Be Wary of Annuities in IRA Accounts Tax deferral is the key to successful retirement savings. IRAs, 401(k)s, SEPs and the like offer deferral and savers can see their retirement savings grow tax-free until it’s time to withdraw without penalty after age 59 ½. Annuity salesmen often counsel […]

ATTORNEY NEWSLETTER Nursing Home Understaffing New Data: Nursing Homes Inflated Staffing Reports For Years Nearly 1.4 million Americans reside in skilled nursing facilities. The majority of patients require daily assistance with bathing, eating, dressing and mobility.  Recently released data indicates that thousands of nursing homes exaggerated staffing levels for years […]

ATTORNEY NEWSLETTER Financial Exploitation of Seniors Stay Alert and Look for Warning Signs of Financial Abuse The best protection against financial elder abuse of your senior loved one is an active, strong support system protecting them from exploitation. Stay involved and maintain an ongoing conversation about the elder’s financial and […]

ATTORNEY NEWSLETTER Watch for Signs of Financial Elder Abuse Do you have an elderly loved one living alone? Sadly, he or she may be a prime candidate for financial elder abuse by acquaintances or even strangers.  One in five seniors will experience some form of financial elder abuse in their […]

ATTORNEY NEWSLETTER Stricter Investigation Rules for Victims Nursing home abuse is a real problem in California and the California Legislature is doing something about it. Effective July 1, 2018, California law requires the Department of Public Health (DPH) to complete investigations of nursing home complaints within 60 days of receipt. […]

ATTORNEY NEWSLETTER Inappropriate Annuity Replacements Churning Annuities Be careful whenever an insurance agent recommends you replace an existing annuity or whole or universal life insurance policy with a new one. Replacements of existing policies result in commissions payable for the new policy, surrender charges for the old policy and a […]

ATTORNEY NEWSLETTER Elder Abuse in Nursing Homes Serious Cases Underreported A recent federal investigation by the Department of Health and Human Services disclosed that more than 25 percent of serious nursing home abuse incidents are never reported to law enforcement agencies. Unreported cases include cases where the nursing home resident’s […]

ATTORNEY NEWSLETTER Life Insurance Churning Millions of older Americans have whole life insurance policies with accumulated cash value. Typically, they were sold those policies when they were much younger as a tax deferred savings vehicle, passing the accumulation on to their children when they died.  Some insurance agents spot these […]

ATTORNEY NEWSLETTER Beware of Deferred Annuities Many analysts see a market correction on the horizon as severe as the drop ending the dotcom bubble back in 2000. Insurance agents seize on such negative forecasts when pushing seniors and those soon to retire toward fixed or indexed annuities and life insurance. Proceed […]