Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Allegedly Assigned Aides With Criminal Records Santa Clara County DA Brings Lawsuit Agency Accused Of Failing To Do Background Checks Seniors under the care of in-home health aides are at risk of financial elder abuse if the aide is dishonest and greedy, looking for any opportunity to exploit […]

ATTORNEY NEWSLETTER Powers Of Attorney Grant Broad Authority Self-Dealing And Other Fraud By Appointed Agents Remedies For Injured Seniors Powers of attorney are extremely important estate planning tools for all of us as we age; it is helpful to have such arrangements in place before the need for them arises […]

ATTORNEY NEWSLETTER Avoid The Sales Hype Around Annuities Long-Term Contracts Are Costly To Exit Commissions And Fees Diminish Returns Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in years to come.  The concept sounds simple enough but in fact […]

ATTORNEY NEWSLETTER Largescale Theft Alleged Caregiver Accused Of Phony “Gifts” And Fraudulent Checks Remedies For Seniors And Their Families Older persons lose more than $3 billion annually as a result of financial elder abuse, according to FBI and National Institute of Justice statistics. The true figure is likely much, much […]

ATTORNEY NEWSLETTER Caregiver And Her Husband Arrested 71-Year-Old Victim With Cerebral Palsy Thousands Of Dollars In Unauthorized Purchases Unauthorized use of an elderly or dependent person’s debit and credit cards is a frequently recurring form of financial elder and dependent adult abuse.  Sometimes the cases involve actual use of the […]

ATTORNEY NEWSLETTER Falsifying Caregiver Time Records 94-Year-Old Victim Protecting Older Loved Ones And Pursuing Remedies Falsification of time sheets by paid caregivers is one of the ways dishonest caregivers financially exploit older persons. Altering their paychecks to make them greater is another.  Using debit and credit cards repeatedly is yet […]

ATTORNEY NEWSLETTER Broad Authority Given to POAs/Agents How That Authority Is Abused Remedies For Injured Seniors Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, and medical powers of attorney, known in California as an Advance Health Care Directives (AHCDs), grant authority over medical decisions and […]

ATTORNEY NEWSLETTER Disadvantages For Older Consumers Expensive And Illiquid Contracts Limits On Returns Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency, and are illiquid (meaning it is costly to get your money back). […]

ATTORNEY NEWSLETTER Caregiver Removed Elderly Woman From Assisted Care Facility Allegedly Added Her Name To Victim’s Accounts Victim’s Child Notified Authorities Of Account Changes According to FBI and National Institute of Justice statistics, as many as one in 10 seniors are victims of financial elder abuse.  Their financial predators are […]

ATTORNEY NEWSLETTER Three Charged In Murder-For-Hire Scheme 96-Year-Old Victim Predatory Reverse Mortgage On Victim’s Home California has the most expensive real estate in the country.  Many seniors live in homes whose value has increasingly enormously over the years at the same time that their income is stagnant.  Reverse mortgage lenders […]