Category: Elder Financial Abuse

ATTORNEY NEWSLETTER California financial elder abuse attorneys urge senior citizens and their loved ones to be alert for signs of financial elder abuse. Financial elder abuse occurs when a senior is financially exploited, often without the victim’s knowledge. Oftentimes the exploiter may be a family member or someone else close […]

ATTORNEY NEWSLETTER Los Angeles detectives are urging victims of an elder abuse scam to come forward, after two women were arrested earlier this month and charged with attempted elder abuse, attempted grand theft and conspiracy. The two women, Margaret Souza, 48, and Teneca Wilson, 31, are alleged to have met […]

ATTORNEY NEWSLETTER A new pilot program in Orange County formed March 1 aims to help victims of elder abuse, made up by a committee of county agencies. The agencies in the network have reserved beds for older victims. The Elder and Dependent Adult Abuse Registry’s reports of abuse against people […]

ATTORNEY NEWSLETTER It is highly common for an elderly person to obtain a power of attorney. According to the American Bar Association, a Power of Attorney (POA) is a legal document where the principal authorizes an agent to act on the principal’s behalf. The authority of the agent ends either […]

ATTORNEY NEWSLETTER According to the Administration of Aging, (AoA) elder abuse is the knowing, intentional, or negligent act by anyone that causes harm or a serious risk of harm to a vulnerable adult. Elder abuse can come in many forms such as abandonment, neglect, physical, financial, and emotional abuse. There […]

ATTORNEY NEWSLETTER Seniors have increasingly become a target of many crimes. As elders get older, their ability to make smart financial decisions become tougher. As a result, elders will often fall prey to financial elder abuse. According to the National Center on Elder Abuse, financial elder abuse is the illegal […]

ATTORNEY NEWSLETTER Index Universal Life insurance policies are long-term, fixed investments. As the name suggests, it is a permanent life insurance product. Universal life insurance policies are said to guarantee payments to beneficiaries, once the policy holder dies. AXA Equitable Life, Penn Mutual Life, Midland National, Lincoln Financial, Pacific Life, […]

ATTORNEY NEWSLETTER When it comes to elder abuse, oftentimes, one might think that it is purely physical. However, the elder population also fall prey to financial abuse. It is important to break the misconception that senior citizens only experience financial abuse from strangers. In fact, most elder financial abuse cases […]

ATTORNEY NEWSLETTER A report released by the Financial Conduct Authority in February 2014, said that the annuities market is messy and that customers are not getting the deals they deserve. In response, the government has put a cap on the sale of annuities. This cut to the annuities market has […]

ATTORNEY NEWSLETTER 2 million and counting elders suffer from elder abuse every year in the United States. However, with elder abuse on the rise, and the fact that elder abuse are often not reported, the actual number can exceed 2 million. Only one in 24 victims of elder abuse will […]