Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Deferred Annuities Pose Problems For Seniors Penalties For Exiting From Policies Fees, Participation Rates And Caps Whenever an insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Indexed annuities, like most deferred annuities, […]

ATTORNEY NEWSLETTER $2 Million Missing From Seniors’ Accounts Promises Of High Returns Enticed Older Investors Money Transferred To Advisor’s Personal Accounts Evans Law Firm, Inc. represents seniors themselves who are victims of financial elder abuse and the children or other family of deceased seniors who have been financially exploited.  Often […]

ATTORNEY NEWSLETTER Cross-Selling of Reverse Mortgages and Annuities Illegal Beware of Pressure Tactics Remedies For Injured Seniors Bay Area seniors are often approached to take out reverse mortgages on their homes.  Often, these individuals have substantial equity and significant appreciation in home value but reduced income following retirement (you have […]

ATTORNEY NEWSLETTER Contract Expenses And Fees Withdrawal Penalties Make Exiting Contracts Costly Not FDIC Insured Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies may tie up a senior’s money for years and impose significant penalties if you […]

ATTORNEY NEWSLETTER Seniors Defrauded By Life Insurance Agents Case Examples Protecting Older Loved Ones Seniors may be victims of financial elder abuse from different directions – by caregivers, trustees, financial advisers, and life insurance agents, among others.  Obviously, all of these professions serve a useful purpose and the people who […]

ATTORNEY NEWSLETTER Older Clients Targeted As Victims Case Examples Protecting Older Loved Ones From Financial Exploitation Unscrupulous insurance agents sometimes abuse their profession for personal gain by committing fraud on customers, particularly targeting older consumers in some cases.  Agents may exploit older consumers by selling them expensive and unsuitable insurance […]

ATTORNEY NEWSLETTER Physical And Financial Abuse Of A Single Victim Caregiver Arrested On Multiple Charges Theft And Reckless Endangerment Alleged Sadly, there are dishonest persons hired as in-home caregivers for the elderly who spend their time stealing from their patients instead of caring for them.  Incidents of caregiver abuse often […]

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 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 Victim Suffers Physical And Financial Abuse Alleged Assault And Theft Protecting Older Loved Ones We often write about the ways in which seniors are abused or neglected by those closest to them, including those paid to care for them in their homes.  Where a dishonest caregiver is after […]