Category: Elder Financial Abuse

ATTORNEY NEWSLETTER How Indexed Universal Life Insurance Works Don’t Be Pushed Into A Purchase Indexed Universal Life Insurance is a complicated life insurance product often sold by insurance agents as a retirement savings or estate planning investment, Do not allow an agent to force-feed you an insurance product which you […]

ATTORNEY NEWSLETTER Annuities Are Expensive, Long-Term Insurance Policies Do Not Be Rushed Into An Annuity Commissions, Fees And Surrender Charges  Our lawyers recommend avoiding annuities of any kind, especially for seniors, because sales commissions are high and policies tie up your money for many years. Right now, agents are using […]

ATTORNEY NEWSLETTER Common Signs of Financial Elder Abuse What You Can Do About It Elder abuse is currently on the rise, and elders are more vulnerable than ever to financial abuse wrought by caretakers, insurance agents, financial advisors, girlfriends or boyfriends of the senior, persons acting under a Power of […]

ATTORNEY NEWSLETTER California Law On Duty Of “Highest Good Faith” For Spouses Prohibition of Taking Unfair Advantage In any transaction between married persons in California each spouse is subject to “a duty of the highest good faith and fair dealing” and prohibited from taking “any unfair advantage of the other.” […]

ATTORNEY NEWSLETTER California Law On Gifts to Care Custodians Tightening the Marriage Exemption California law presumes that gifts by an elder or dependent adult to their care custodian are the product of undue influence and void, unless the undue influence presumption is overcome by clear and convincing evidence to the […]

ATTORNEY NEWSLETTER Financial Elder Abuse Can Strike Any Senior Isolated Seniors Are Most At Risk What To Watch Out For Statistics show that all seniors are vulnerable to financial exploitation but isolated seniors are at particular risk of. These risks are  intensified as we shelter in place. Caregivers, spouses, boyfriends […]

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Wants Whistleblower Help Blowing The Whistle On Fraud Millions Lose Money To Ponzi Schemes Millions of people lose money every year to Ponzi schemes, which can include lawful investments like securities, commodities, and virtual currencies.  The U.S. Commodity Futures Trading Commission (CFTC) rewards individuals […]

ATTORNEY NEWSLETTER Annuities are Long-Term Insurance Policies Do Not Be Rushed Into An Annuity Commissions, Fees And Surrender Charges Our lawyers recommend avoiding annuities of any kind, especially for seniors, because sales commissions are high, policies tie up your money for many years, and returns are routinely not as high […]

ATTORNEY NEWSLETTER Financial Elder Abuse Can Strike Any Senior Dementia Sufferers At High Risk Abuser Targets Dementia Patient’s Real Estate Caregivers, spouses, boyfriends or girlfriends, insurance agents, financial advisors, trustees, conservators, and persons acting pursuant to Powers of Attorney can all be financial predators. Complete strangers can be abusers too. […]

ATTORNEY NEWSLETTER Cash, Checks, and Caregivers The Danger of Checking Accounts in Easy Reach Preventing Caregiver Theft In-home caregivers have access to a senior’s cash, bank accounts, important papers and other valuables if you don’t take precautions to prevent such access. Greedy caregivers strike quickly and one of their schemes […]