Category: Elder Financial Abuse

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 […]

ATTORNEY NEWSLETTER Insurance Agent Accused Of Stealing Seniors’ Premium Payments Allegedly Swindles 93-Year Old Client Funeral Insurance Policy Scam Seniors are vulnerable to financial elder abuse from many quarters, and insurance agents are among those who can swindle seniors out of money.  In one recently reported case,[1] police and the […]

ATTORNEY NEWSLETTER Home Ownership And Estate Planning Planning Ahead To Avoid Problems Recognize Potential For Financial Elder Abuse For most of us, our home is the largest, and most precious, asset we have.  As tied as we are to our home, it may not be possible to remain there until […]

ATTORNEY NEWSLETTER Fall Of Annuity Interest Rates Continues Reassess The Viability Of Annuities Avoid Getting Stuck In An Annuity Annuity interest rates have been in a freefall in 2020, and there are no signs ahead of any correction.  Collapsing annuity interest rates translate into collapsing monthly payouts when contracts begin […]

ATTORNEY NEWSLETTER Financial Advisor Embezzles $8 Million From Structured Settlement Funds Thirteen Individuals Swindled Out Of Annuity Funds Severely Disabled Child Among Victims Structured settlements operate essentially like annuities paying out an income stream from a fund of money set aside for that purpose.  Structured settlements are often  used for […]

ATTORNEY NEWSLETTER Learn About Some Red Flags OF Abuse Recurring Patterns In Elder Abuse Act On Any Suspicion Elder financial abuse affects thousands of seniors here in California every day.  Their financial predators may vary from in-home caregivers to insurance agents and stockbrokers and on to trustees, financial advisors, and […]

ATTORNEY NEWSLETTER Coronavirus Compounds Problems For Elderly  Ageist Sentiments Growing Alarming Surge In Elder Abuse Older adults have been hit hard by COVID.  The mortality rate for persons in their 70s and 80s is  over five times that of younger persons who catch the virus. Even safety protocols work against […]

ATTORNEY NEWSLETTER The Risk Of Hiring Unlicensed Caregiver Off Craigslist Caregiver Writes Unauthorized Checks Buys Herself, Daughter Cars With Senior’s Money References and background checks of persons hired as in-home caregivers are two important steps when a senior needs in-home care.  The risks of what can go wrong when a […]