Category: Elder Financial Abuse

ATTORNEY NEWSLETTER A conservatorship can be established for someone who can no longer adequately take care of his or her personal care or finances. California Law requires all conservators to have a copy of The Judicial Council of California’s “Handbook for Conservators,” which includes a description of conservator duties. Duties […]

ATTORNEY NEWSLETTER About one quarter of elderly Americans rely on their children or other family members to help make decisions about their finances. California financial elder abuse attorneys say that this can be quite complicated, and offer a number of tips for helping your parent or other elderly relative with […]

ATTORNEY NEWSLETTER San Mateo County financial elder abuse attorneys say that bank employees can play a significant role in preventing financial elder abuse. Bank workers can often be the first, and possibly only, people in an elderly person’s life who is in a position to detect financial exploitation. Financial exploitation […]

ATTORNEY NEWSLETTER California elder abuse attorneys want to advise family members and loved ones on how to select a caregiver, and signs of elder abuse to watch for. Elder abuse is defined as intentional actions that can cause harm or create serious risk of harm to a vulnerable elder, perpetuated […]

ATTORNEY NEWSLETTER The Financial Industry Regulatory Authority (FINRA) has launched a toll-free line to support senior citizens and advise them on financial matters. The FINRA Securities Helpline for Seniors is designed to help older investors get neutral, informed advice regarding their brokerage accounts and investments, and avoid seniors from becoming […]

ATTORNEY NEWSLETTER Insurance companies and their agents may use various schemes to market and sell deferred annuities. California annuity fraud attorneys want to make consumers, and particularly senior citizens, aware of these schemes. To read more about the risks of deferred annuities and how to prevent them, read our previous […]

ATTORNEY NEWSLETTER California financial fraud attorneys want to provide consumers with tips, tools, and resources to protect against the risks of purchasing deferred annuities. For more on deferred annuities and their risks, read here: /the-risks-of-deferred-annuities-and-what-youre-really-paying-for/. TIPS TO DETERMINE IF A DEFERRED ANNUITY IS AN APPROPRIATE INVESTMENT FOR YOU: -Research the […]

ATTORNEY NEWSLETTER Deferred annuities are a financial product that delays payments of income until the investor elects to receive them. This type of annuity has two main phases, the savings phase in which you invest money into the account, and the income phase in which the plan is converted into […]

ATTORNEY NEWSLETTER The insurance commissioners association has been working on new rules to limit captive reinsurance, and formed a new working group to study why captive reinsurance has now spilled over from life insurance into annuities. The group is led by Nick Gerhart, Iowa’s insurance commissioner. A recent New York […]

ATTORNEY NEWSLETTER California elder abuse attorneys commend the White House Council on Aging for their recent initiatives to address elder abuse. The council is currently hosting regional forums in advance of their once-a-decade national forum. There are four points of emphasis that the regional forums, which are co-sponsored by AARP […]