Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Fee-Based Annuities Present Tax Issues Taking Out Advisors’ Fees May Result In Tax To Policy Owner Our lawyers recommend you always beware when an insurance agent tries to sell you commission-based annuities or life insurance, particularly if you’re a senior. But fee-based annuities present disadvantages as well.  Advisors […]

ATTORNEY NEWSLETTER Financial Exploitation of Seniors Can Be Devastating Isolation Is The Biggest Danger Keep Senior Loved Ones Connected Seniors here in Marin County and throughout California are vulnerable to financial elder abuse. Financial elder abuse is a real danger for seniors across the board but most especially for isolated […]

ATTORNEY NEWSLETTER Financial Exploitation of Seniors Can Be Devastating What to Look For Where to Find Help Seniors here in Marin County and throughout California are vulnerable to financial elder abuse, a real danger for seniors across the board. The effects of financial elder abuse can be devastating, particularly for […]

ATTORNEY NEWSLETTER California Law on Gifts to Care Custodians Tightening the Marriage Loophole for Gifts to Care Custodians California law presumes that gifts – made either during life or at death – by an elder or dependent adult to their care custodian[1] are the product of undue influence (a defined […]

ATTORNEY NEWSLETTER Financial Powers of Attorney and the Elderly A financial Power of Attorney (POA) is a very important legal document where the principal authorizes an agent to act on the principal’s behalf in business transactions and more.[1] Someone with a financial Power of Attorney has legal authority to transfer […]

ATTORNEY NEWSLETTER The Importance of Accurate Age and Income Information How Insurance Agents and Advisors May Mislead You and Carriers Making You “Eligible” for Ineligible Contracts Our litigators think annuities are not a good investment for seniors, particularly when the application process can be rigged by an unscrupulous agent to […]

ATTORNEY NEWSLETTER Cheating Elderly Investors A Rash of Ponzi Schemes Targeting Seniors While the Securities and Exchange Commission (SEC) continues to make protecting seniors a priority, many still fall victim to Ponzi schemes and other financial fraud. Crooked insurance agents, retirement planners, and financial advisors cheat the elderly out of […]

ATTORNEY NEWSLETTER What Does the Law Mean by “Undue Influence”? Undue Influence Over Seniors Undue influence is often a key element in financial elder abuse cases. Caregivers may exert undue influence over vulnerable seniors to get the senior to add them to a Will, grant them a Power of Attorney, […]

ATTORNEY NEWSLETTER Increasing Reports of Financial Elder Abuse Elder abuse is on the rise throughout the Bay Area. Reports of financial elder abuse in particular have increased sharply in the last year in San Francisco and other Bay Area counties.  Studies show that elder abuse is still vastly underreported so […]

ATTORNEY NEWSLETTER Complications on Death of Annuitant Tax Consequences for Heirs Our annuity and financial elder abuse lawyers advise avoiding deferred annuities because they are complicated, expensive, tie up your money for years, and often do not produce the advertised returns. The complications and adverse tax consequences may not fully […]