Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Dangers to Senior of Mortgage Relief Scams The possibility of losing your home to foreclosure can be terrifying for anyone, particularly for a senior with limited resources.  Seniors on fixed incomes may fall behind on mortgage payments due to big medical and care bills or other emergencies.  If […]

ATTORNEY NEWSLETTER When You Spot Elder Abuse, Do Something About It Financial Elder Abuse Can Strike Any Senior Conservators Can Commit Financial Elder Abuse Seniors in San Francisco and throughout California are vulnerable to financial elder abuse, even at the hands of conservators appointed to manage their finances. Court-appointed conservators […]

ATTORNEY NEWSLETTER Financial Elder Abuse By Caregivers Seniors here in San Francisco and throughout California are vulnerable to financial elder abuse, often at the hands of the caregivers hired to help them. In one recently reported case, a caregiver withdrew over $100,000 from her 100-year-old patient’s bank accounts before the […]

ATTORNEY NEWSLETTER When Financial Predators Strike Taking Advantage Of Isolation And Cognitive Impairment 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 caregiver to “help” the survivor. Cash begins […]

ATTORNEY NEWSLETTER Regulators Take Closer Look Investigating Annuity Sales Practices 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. Agents may pitch you on an annuity for your retirement plan. We advise against […]

ATTORNEY NEWSLETTER Increasing Reports Of Financial Elder Abuse What To Look For Financial elder abuse is on the rise here in Alameda County. Adult Protective Services received approximately 6000 reports of elder abuse in Alameda County last year, 70% of which were reports of financial elder abuse. The elder abuse […]

ATTORNEY NEWSLETTER Embezzling Checks From The Elderly Police have issued an arrest warrant for a 29-year-old caregiver accused of embezzling more than $63,000 from a 73-year-old survivor of the Camp Fire blaze. The caregiver allegedly stole insurance money the senior received for her destroyed home.[1]  The case illustrates the access […]

ATTORNEY NEWSLETTER Elder Abuse on the Rise Warning Signs of Elder Abuse Elder abuse is quickly becoming commonplace for far too many of our seniors. The National Council on Aging recently estimated that one in ten seniors over 60 have been abused in the US, and that practically 50 percent […]

ATTORNEY NEWSLETTER Understand What An Agent Is Trying To Sell You Resist High-Pressure Sales Annuities Are Expensive, Complicated Insurance Products A recent study shows only 27% of Americans believe they will be financially secure in retirement. Insurance agents dwell on statistics like that, especially when luring older consumers into annuities. […]

ATTORNEY NEWSLETTER Seniors Targets of Financial Elder Abuse If You’re a Victim, We Can Help Unscrupulous stockbrokers, insurance agents, financial advisors and retirement planners all prey on seniors with money to invest. Seniors are natural targets as they hold 1/3 of the nation’s wealth. Seniors may also be more receptive […]