Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Caregiver Defrauds 81-Year-Old Victim Allegedly Abused Bill-Paying Authority Victim’s Bank Accounts Missing Thousands Of Dollars The consequences of financial elder abuse on senior victims can be devastating. While financial elder abuse of older persons at the hands of dishonest caregivers may start out relatively small,  amounts stolen grow […]

ATTORNEY NEWSLETTER How To Detect Financial Elder Abuse  Prevention And Remedies 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 […]

ATTORNEY NEWSLETTER Stopping Others From Changing An Elder’s Estate Plan Cognitive Impairment Of Settlor Process For Obtaining Restraining Orders A all too frequent fact pattern of financial elder abuse runs something like this: a new “friend” of an older person, or a caregiver, trustee, stepchild, or second spouse takes unfair […]

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 Case Example Forgeries And Other Crimes Unauthorized Online Transfers From Bank Accounts Many caregivers are hardworking, compassionate people who truly care for the older persons they take care of.  But the reality is that they are also dishonest, greedy, and manipulative individuals acting as caregivers as well and […]

ATTORNEY NEWSLETTER Money In Deferred Annuities Is Illiquid Loss Of Personal Control Over Investment Don’t Be Rushed Into A Sale Deferred annuities are long-term insurance contracts which require you to lose control over your investment, and some annuities may earn little to no interest.  If you try to exit the […]

ATTORNEY NEWSLETTER Fraudulent ATM And Debit Card Withdrawals And Purchases Alleged 18 Months Of Fraudulent Card Use Alleged 76-Year-Old Victim Dishonest caregivers and others who physically access a senior’s cards or use the name, account number and other confidential information to access a card online or create a PIN through […]

ATTORNEY NEWSLETTER Allegedly Stole From Wheelchair Bound Senior Jewelry And Sterling Silver Recovered From Pawn Shop Suspect Facing Multiple Charges Jewelry, cash, checks, credits, and valuables like silver all can disappear from a senior’s home when a dishonest caregiver or stranger enters the home for any period of time.  Always […]

ATTORNEY NEWSLETTER Downsides Of Deferred Annuities Surrender Penalties Lock Policyholders In Other Contract Features Diminish Returns Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Whenever a life insurance agent […]

ATTORNEY NEWSLETTER Allegedly Accessed Elderly Victim’s PIN Funds Missing From Victim’s Bank Account Fraudulent ATM Withdrawals, Transfers And Purchases Alleged A recently reported case, discussed below, illustrates what can happen when a dishonest caregiver discovers an older person’s debit/ATM card PIN.  We often write about unauthorized debit and credit card […]