Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Financial Powers of Attorney and the Elderly Legal Requirements for powers of Attorney in California A financial Power of Attorney (“POA”) is an important legal document where a principal authorizes an agent to act on the principal’s behalf in business transactions and more.[1] Someone with a financial Power […]

ATTORNEY NEWSLETTER When Financial Predators Strike Taking Advantage Of Isolation And Cognitive Impairment Caregivers With Access To The Check Book Our litigators see a sadly familiar pattern in financial elder abuse cases: an elderly person’s spouse of many years dies and the survivor is left alone. Enter a stranger or […]

ATTORNEY NEWSLETTER Ponzi Schemes Increasingly Target Older Investors After years of savings and with the children educated and on their own, seniors should take comfort in a nest egg for future years. But unscrupulous brokers, insurance agents and stock promoters target seniors for just the same reason – there’s money […]

ATTORNEY NEWSLETTER United States Department of Justice Prosecuting Financial Elder Abusers Recent Scheme Victimized Senior Veterans Identify Theft and Unauthorized Withdrawals from Veterans’ Bank Accounts Seniors are increasingly victims of financial elder abuse more than any other form of elder abuse throughout California and the United States as a whole. […]

ATTORNEY NEWSLETTER The Older The Victim, The Greater The Average Loss Financial Elder Abuse Can Strike Any Senior Reports of Suspicious Activity Up 300% Seniors in Alameda Countyand throughout California are increasingly victims of financial elder abuse more than any other form of elder abuse.   Caregivers, insurance agents, financial advisors, […]

ATTORNEY NEWSLETTER The Older The Victim, The Greater The Average Loss Financial Elder Abuse Can Strike Any Senior Even Conservators Can Commit Financial Elder Abuse Seniors in Marin and throughout California are increasingly victims of financial elder abuse more than any other form of elder abuse.   Caregivers, insurance agents, financial […]

ATTORNEY NEWSLETTER The Downsides to Annuities in Retirement Plans Consider Other Tax-Deferred Options Risks to Seniors Our litigators recommend against annuities because commissions, fees and surrender penalties reduce returns and make it expensive to get your money out if you need it. We especially advise against any such investment for […]

ATTORNEY NEWSLETTER Gold Scams: Financial Elder Abuse And Commodity Futures Trading Commission Whistleblower Cases Unscrupulous gold and rare coin dealers often target seniors in scams because seniors have money to invest, are likely to pick up a phone or respond to an email, and are eager to supplement retirement savings. […]

ATTORNEY NEWSLETTER How Insurance Agents May Financially Exploit Seniors Unscrupulous insurance agents, financial advisors and trustees target vulnerable seniors for financial elder abuse. A recently reported California case[1] illustrates what can happen to unsuspecting elderly consumers.  According to a complaint filed by an elderly couple in Southern California, an independent […]

ATTORNEY NEWSLETTER Remember Senior Loved Ones and Friends This Thanksgiving Holidays Are Always Important Times To Check In With Seniors Happy Thanksgiving Day!  We at Evans Law Firm wish you a happy and safe Thanksgiving.  We hope you spend it with loved ones and especially any seniors among your family […]