Category: Elder Abuse California

ATTORNEY NEWSLETTER FINRA Cracking Down on Faulty Annuity Replacements Cracking Down on Exploitation The Financial Industry Regulatory Authority (FINRA) is looking closely at brokers who churn their clients’ variable annuities. Recently, FINRA announced disciplinary measures against two brokers who churned client annuities.  The churns (or replacements) resulted in heavy surrender […]

ATTORNEY NEWSLETTER RiverSource Life Insurance Company Deferred Annuities The annuity attorneys at Evans Law Firm Inc. represent clients who have suffered losses on all types of annuity contracts, including fixed, indexed, and variable deferred annuities. These contracts charge sales commissions, rider fees and other benefit charges, and penalties on full […]

ATTORNEY NEWSLETTER Abuse A Growing Crime Against Elders Elder Abuse in Nursing Homes Elder abuse has become an epidemic in this country. The number of elders being abuse is estimated at around 2.5 million every single year. Such statistics are heartbreaking and as the US population ages the figures are […]

ATTORNEY NEWSLETTER Prepare For Your Holiday Visits With Seniors Many of us will visit elderly relatives over the holidays. It may be a once a year trip to see parents or other elderly loved ones who live far away.  This is an important opportunity to check in.  Isolation is a […]

ATTORNEY NEWSLETTER Eighty-Seven Year Old Nun Allegedly Raped in Nursing Home Why She Couldn’t Sue In one of the most horrific stories of nursing home abuse we’ve read, an 87-year old nun maintains she was raped in a nursing home in her own bed. The physical evidence strongly corroborates her […]

ATTORNEY NEWSLETTER Financial Elder Abuse Often Unreported A Growing Problem Recent studies indicate that 1 in 5 seniors will become victims of financial elder abuse. The numbers are up dramatically from past research results and estimates are that financial elder abuse costs its victims a total of $36 billion in […]

ATTORNEY NEWSLETTER  Security Benefit Total Value Annuities (TVAs) The annuity attorneys at Evans Law Firm Inc. have experience representing clients who have suffered losses on all types of annuity contracts, including indexed annuities. Indexed annuities are hybrid annuities that offer both a minimum fixed rate of interest and an interest […]

ATTORNEY NEWSLETTER Surrender Charges on Whole and Universal Life Insurance If you are over age 60, live in California, and have surrendered a whole or universal life insurance policy, you may have paid a surrender penalty. California law has very specific rules about surrender penalties for seniors.  The insurance and […]

ATTORNEY NEWSLETTE Financial Elder Abuse Importance of Civil Recovery Actions Financial elder abuse is often criminal. Whether you’re a victim or a loved one, always report criminal financial elder abuse to law enforcement.  But always pursue your civil remedies too.  Criminal prosecutions are important but they are lengthy and work […]

ATTORNEY NEWSLETTER The Pitfalls of Reverse Mortgages Complicated AND Expensive Seniors in Contra Costa County and throughout the State of California are often approached to take out reverse mortgages on their homes. Typically, these seniors have substantial equity in their home and the home’s value has appreciated significantly over the […]