Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Accused Of Multiple Unauthorized Withdrawals Caregiver Admits To Theft Unauthorized Use Of ATM Card Theft from any person is a crime.  But when the victim is a dependent adult[1] or over 65 any theft is also criminal financial elder abuse and grounds for civil liability against the person […]

ATTORNEY NEWSLETTER Pitfalls For Older Consumers Complicated, 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 […]

ATTORNEY NEWSLETTER Questionable Sales Tactics Recent Case Example Why Seniors Should Avoid Annuities Deferred annuities are insurance contracts where the policyholder pays a premium to an insurance carrier now for income payments in the future. Sellers of deferred annuities include insurance agents, and all manner of financial advisors including advisors […]

ATTORNEY NEWSLETTER Caregiver Sentenced For Fraud On Senior Altered Paychecks And Submitted Fraudulent Timesheets Protecting Older Loved Ones From Financial Abuse Whenever a dishonest stranger or caregiver enters an elderly person’s home, jewelry and other valuables, and checks and credit cards can disappear quickly.   It may happen only once but […]

ATTORNEY NEWSLETTER Accused Of Stealing $35,000 In Four Months Victims Are Both Elders And Wheelchair Bound Access To Confidential Information Allegedly Led To Theft Whenever a dishonest caregiver or other employee enters a senior’s home, there is a risk of financial elder abuse of the senior.  Access to checks, cash […]

ATTORNEY NEWSLETTER The Risks Of Financial Elder Abuse By Dishonest Caregivers Recent Case Example Remedies For Injured Seniors And Their Families Many older Californians and their families elect to remain in their homes when they age and hire in-home caregivers to assist them when they can no longer care for […]

ATTORNEY NEWSLETTER Sentence For 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 […]

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 The Increasing Epidemic Of Financial Elder Abuse Most cases of financial elder abuse, according to law enforcement studies, remain unreported because the victim is embarrassed or ashamed by what has happened, or because they suffer from cognitive impairment and are unaware of the abuse. Financial elder abuse is […]

ATTORNEY NEWSLETTER Deferred Annuities Are Not For Seniors Costly, Complex Contracts Withdrawals Penalties, Commissions And Fees 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 deferred annuities, like […]