Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Isolation And Economic Downturn Generate More Financial Elder Abuse Pandemic Brings Financial Risks Too How Can You Protect Senior Loved Ones? As a group, by far the largest percentage of COVID-19 deaths has occurred among America’s senior population. But there is another, more subtle, danger lurking in the […]

ATTORNEY NEWSLETTER Justice In Aging’s Legal Guide on Elder Abuse The Justice In Aging group recently published a guide on civil legal aid regarding cases of elder abuse in California. You can access the guide by clicking here. The guide is intended for civil attorneys, but if you or a […]

ATTORNEY NEWSLETTER Agents Push Deferred Annuities For Seniors Understand How Deferred Annuities Work Always Get A Second Opinion Insurance agents offer seniors deferred annuities, designed, according to the salesperson, to provide an income stream later in life. Sometimes the teaser rates on these contracts sound appealing. But deferred annuities pay […]

ATTORNEY NEWSLETTER What Seniors Should Understand About Annuity Fees Fees Versus “Guarantees” How Carriers Protect Themselves Deferred annuities generally carry a variety of fees from initial sales commissions to producing agents, administrative fees, subaccount fees, and fees for enhanced contract features known as “riders.” Seniors consumers need to understand how […]

ATTORNEY NEWSLETTER Factors Common To Most Elder Abuse Cases Financial Elder Abuse Up During Pandemic Protecting Your Older Loved Ones Millions of older Americans live alone, or by themselves in facilities, and the lockdown meant to protect them from the coronavirus, increases their risk of abuse, especially financial elder abuse. […]

ATTORNEY NEWSLETTER When Caregivers Steal Credit Cards Identity Theft And Unauthorized Charges Preventing Caregiver Theft Studies show that economic downturns invariably give rise to more cases of financial elder abuse. Whether it’s desperation or the increased isolation of seniors, cases of financial elder abuse are up decidedly in this pandemic. […]

ATTORNEY NEWSLETTER Seniors Targeted For Unsuitable Insurance Or Investments Always Get A Second Opinion When it comes to the sale of deferred annuities to seniors, inappropriate sales practices can occur in many ways and come from a variety of sources. “Free lunch” investment seminars may be on hold right now […]

ATTORNEY NEWSLETTER  Any Senior Can Be A Victim Isolated Seniors Are Most At Risk What To Watch Out For Statistics show that seniors are vulnerable to financial fraud and isolated seniors are at particular risk. These risks are intensified as we shelter in place during the COVID-19 pandemic. Caregivers, spouses, […]

ATTORNEY NEWSLETTER  Agents Target Seniors For Unsuitable Insurance Or Investments Beware The Hype And Get A Second Opinion “Free lunch” investment seminars may be on hold right now during the pandemic but insurance agents still have products to sell, some of which may be unsuitable for seniors. Our financial elder […]

ATTORNEY NEWSLETTER How Financial Abusers Target Older Investors Protecting Your Loved Ones Elderly men and women are vulnerable to financial elder abuse from multiple directions – including from their trusted financial advisors. Or the abuser may be an insurance agent selling an expensive and unsuitable insurance product, a caregiver stealing […]