Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Caregivers And Others Prey On Lonely Widows and Widowers Isolation Presents the Biggest Risk of Abuse Support Groups, Family, and Friends Can Protect Seniors Nearly 29% of America’s senior population of 46 million people live alone. That’s over 13 million of us.  Seventy percent of that number, over […]

ATTORNEY NEWSLETTER Caregivers and Financial Elder Abuse Caregiver Accused of Stealing $100,000 From Elderly Patient Preventing Caregiver Account Access In-home caregivers have access to a senior’s valuables, credit cards, bank accounts and important papers unless you keep them out of reach. They also have access to a senior’s accounts via […]

ATTORNEY NEWSLETTER Financial Elder Abuse Strikes Seniors Anywhere Care Facility Residents Vulnerable To Exploitation Preventing Abuse The risks of financial elder abuse by in-home caregivers is high. But seniors who live in assisted care facilities or nursing homes are vulnerable to financial elder abuse too. Staff members at these facilities […]

ATTORNEY NEWSLETTER Empirical Evidence of the Effectiveness of Class Actions Data Shows Societal Benefits Statistical data demonstrates the effectiveness of class actions in achieving two important goals: (1) compensation for persons who have suffered economic injury and (2) deterring corporate misconduct. Indeed, the statistics show that nothing else compares to […]

ATTORNEY NEWSLETTER Resist The Annuities Sales Pitch Sales Commissions And Annual Fees Erode Returns Bonds And Other Fixed Income Investments Carry No Penalties The lawyers at Evans Law Firm, Inc. recommend against annuities especially for seniors, because commissions, fees and surrender penalties reduce returns and make it expensive to get […]

ATTORNEY NEWSLETTER Avoid The Push Toward Annuities Insurance Agents and Banks Earn Commissions on Sales Annuities Impose Withdrawal Penalties And Hidden Fees Watch out if your banker, an insurance agent or financial advisor recommends you convert a maturing CD into an annuity. The lawyers at Evans Law Firm, Inc. recommend […]

ATTORNEY NEWSLETTER Avoid The Hype on Fixed Index Annuities Insurance Not Investment Fixed index annuities (FIAs) are sold by agents as “safe” market return products. Don’t buy it. Our lawyers recommend avoiding annuities of any kind, including fixed index annuities, especially for seniors. Fixed index annuities, like all annuities, are […]

ATTORNEY NEWSLETTER Caregivers Prey On Lonely Widows and Widowers Protect Your Children’s Inheritance in the Family Home Consider Life Estates Sadly, there’s a repeating pattern of caregivers getting their hands on a senior’s home after a spouse of many years passes away. Isolated seniors are particularly vulnerable to financial exploitation […]

ATTORNEY NEWSLETTER Ponzi Schemes Increasingly Target Older Investors One Red Flag: Promises of Guaranteed High Returns In a Ponzi scheme, fraudsters use money they collect from new investors to pay existing investors. What appears to be a return on your investment is actually money from another investor who has been […]

ATTORNEY NEWSLETTER Caregivers and Financial Elder Abuse Caregiver Accused of Stealing $1.1 Million From 94-Year-Old Preventing Caregiver Account Access In-home caregivers have access to a senior’s valuables, credit cards, bank accounts and important papers unless you keep them out of reach. They also have access to a senior’s accounts via […]