Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Types of Life Insurance The Differences Between Term, Whole Life, and Universal Life Insurance Particular Questions for Seniors Life insurance agents sell life insurance in three forms: term, whole, and universal policies.  Agents primarily approach seniors with whole or universal life insurance options.  The premiums on those policies […]

ATTORNEY NEWSLETTER Seniors At Greatest Risk Pick Up On Common Warning Signs Get Help From Counsel Financial exploitation of seniors is an all-too-common form of elder abuse that is believed to cost older Americans an estimated $3 billion annually and perhaps much more.  The economic toll is only the tip […]

ATTORNEY NEWSLETTER Reverse Mortgages And Financial Elder Abuse Dilemmas For Surviving Spouses Dangers Of Losing Your Home Los Angeles Times columnist Steve Lopez looked at the perils of reverse mortgages for California seniors in his column in Sunday’s paper, and reached out to our own Ingrid M. Evans for her […]

ATTORNEY NEWSLETTER SEC Offers Important Suggestions For Senior Investors Know The Investment Professional Or Salesman You Deal With Ask Questions And Never Be Rushed Into Decisions The U.S. Securities and Exchange Commission (SEC) in recent years has focused considerable enforcement efforts on financial elder abuse and fraudulent investment schemes aimed […]

ATTORNEY NEWSLETTER Indexed Annuities Are Not Index Fund Investments Indexed Annuity Policy Limitations On Returns Caps, Participation Limits, Annual Fees And Surrender Charges Insurance agents sell indexed deferred annuities to seniors as “safe” investments for income later in life.  But rather than take the selling points at face value, seniors […]

ATTORNEY NEWSLETTER Financial, Physical, Sexual And Emotional Elder Abuse  Millions Of Older Americans Abused Every Day Look For Signs And Get Elder Counsel Assistance Physical abuse and financial abuse of seniors is really increasing in these troubling times.  Seniors are caught between two very dangerous trends: the economic downturn which […]

ATTORNEY NEWSLETTER Brokers Target Senior Investors Through Advance Fee Frauds Be Wary Of Unregistered Offerings Greedy Promoters And Brokers Target Seniors  Greedy stock promoters, financial advisors and brokers target senior investors in particular with investment opportunities offering above-market interest rates.  For the most part, these offerings are unregistered and may […]

ATTORNEY NEWSLETTER Thanksgiving Day 2020 Is Like No Other Safely Include Your Older Loved Ones Seniors Need You More Than Ever Ingrid M. Evans and all of us at Evans Law Firm wish you a very happy and safe Thanksgiving Day this year. 2020 surely brings a Thanksgiving unlike any […]

ATTORNEY NEWSLETTER Insurance Policies Are Not Fund Investments Contract Rates Have Caps And Other Limitations Penalties On Withdrawals  When you survey fliers and ads for indexed deferred annuities you may get the sense that deferred annuities are really the same as direct investments in market indexes. They aren’t; deferred annuities […]

ATTORNEY NEWSLETTER Incidents Of Financial Elder Abuse Up Complexity Of Cases Grows Too How Elder Abuse Counsel Can Help  Some regions of the United States are reporting over 100% increases in incidents of reported financial exploitation of seniors.  Elder advocates estimate that roughly only 1 in 14 cases of financial […]