Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Complicated Long-Term Insurance Policies Getting Your Money Back Is Costly Commissions, Annual Fees And Low 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 deferred […]

ATTORNEY NEWSLETTER Caregiver Arrested For Stealing Over $1 Million From Senior Fraudulent Checks And Large “Gifts” 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 […]

ATTORNEY NEWSLETTER Theft And Unauthorized Card Charges Alleged Suspects Are Elderly Woman’s Caregivers Property And Drugs Also Missing From Victim’s Home Anytime a stranger enters a senior’s home there is a risk of financial abuse or theft if cash, credit cards, checks or valuables are within reach.  Never, ever let […]

ATTORNEY NEWSLETTER How Agents Steal From Seniors By POA Case Example Of Large Theft By POA Legal Consequences For Dishonest Agents Financial powers of attorney (POAs) grant full legal authority over a person’s financial affairs, unless the POA expressly limits the appointed agent’s power in some way.  The scope of […]

ATTORNEY NEWSLETTER $1 Million Missing From 94-Year-Old’s Trust Multiple Check Forgeries Alleged Unlicensed Caregiver Reportedly Had Prior Criminal Record While theft from any person is a crime, when the victim is over 65 any theft is also criminal financial elder abuse and grounds for civil liability against the person who […]

ATTORNEY NEWSLETTER Lenders Cannot Cross-Sell Annuities Watch For Illegal Sales Tactics Remedies For Injured Seniors California seniors with substantial equity and significant appreciation in their homes but fixed incomes may be approached by lenders to consider getting cash by taking out a reverse mortgage on their home.  The title “reverse […]

ATTORNEY NEWSLETTER Caregiver Entrusted To Pay Victim’s Bills Victim Evicted Because Rent Not Paid Caregiver Allegedly Stole Thousands The consequences of financial elder abuse on senior victims can be devastating.  Some elderly victims are driven to the brink of homelessness due to lack of funds to pay their rent.  There […]

ATTORNEY NEWSLETTER Security Benefit Life Insurance Company Total Value Annuities (TVAs) The life insurance and annuity attorneys at Evans Law Firm, Inc. represent California clients who have suffered losses on all types of life insurance and annuity contracts, including indexed annuities and equity indexed universal life insurance. Indexed annuities are […]

ATTORNEY NEWSLETTER Senior Victim Of Caregiver Fraud Caregiver Entrusted To Pay Senior’s Bills Unauthorized Card Charges And Overdrawn Account Never hand an ATM/debit card or credit card to a caregiver and ask them to go get cash or make purchases.  Never give out any PIN numbers. Never give a caregiver […]

ATTORNEY NEWSLETTER Elderly Couple Defrauded By In-Home Caregiver Forgeries And Other Crimes Unauthorized Online Transfers From Couple’s Bank Accounts Any senior is vulnerable to financial elder abuse.  The risk is much greater whenever a dishonest caregiver or other stranger enters an isolated senior’s home for any period of time. Caregiver […]