Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Powers Of Attorney Are Powerful Instruments Chose Only Trusted Persons As POAs Legal remedies For POA Abuse Powers of Attorney (POAs) are important and powerful legal documents that grant the agent appointed under the POA full legal authority to act for the principal who executes the POA.  There […]

ATTORNEY NEWSLETTER Allegedly Forced Elderly Man To Withdraw Cash Unauthorized Use Of Debit Card Alleged How To Protect Older Loved Ones Financial elder abuse of seniors ranges from secretive online money transfers to brazen theft or coercion of senior victims. While seniors can be victims of financial elder abuse from […]

ATTORNEY NEWSLETTER Happy Thanksgiving Day 2023!! Include Older Loved Ones And Friends One-On-One Time All of us at Evans Law Firm, Inc. wish you a very happy and safe Thanksgiving Day whether you’re traveling or staying right at home. The Thanksgiving holiday is a busy long weekend but it is […]

ATTORNEY NEWSLETTER Long-Term Insurance Contracts Costly Surrenders Commissions, Fees, Participation Rates And Caps 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 In-Home Caregiver Obtained POA Allegedly Stole $49,829 In Three Months Online Bank Transfers Financial powers of attorney (POAs) appoint designated persons to transact financial affairs on behalf of the person granting the power with full legal authority to do so.  The person appointed under the POA is called […]

ATTORNEY NEWSLETTER Unregistered Offering Promised Returns of 20-24% SEC Alleges Promoter Misappropriated 66% Of Funds Thousands Spent At Casinos And Liquor Stores The U.S. Securities and Exchange Commission (SEC) polices the financial markets to protect investors from fraud.  The SEC’s Retail Strategy Task Force has especially focused on fraud against […]

ATTORNEY NEWSLETTER Older Consumers Should Be Wary Of Deferred Annuities Loss Of Investment Control Surrender Penalties, Fees, Participation Rates, And Caps Evans Law Firm, Inc. generally recommends older consumers avoid deferred annuities because they are expensive and complicated and because these contracts tie up a senior’s money for years.  Whenever […]

ATTORNEY NEWSLETTER Surrender Charges If You Need Your Money Back Contract Fees And Caps On Returns Never Be Rushed Into A Sale Indexed annuities, like most deferred annuities, are long-term insurance contracts that promise to pay income in the future but impose penalties, known as surrender charges, if you need […]

ATTORNEY NEWSLETTER Physical And Financial Abuse May Go Hand-in-Hand Horrific Case Example Remedies For Elder Abuse Elderly patients may be victims of both physical abuse or neglect and financial elder abuse at the hands of the very caregivers they pay to protect them.  While there are many caregivers who work […]

ATTORNEY NEWSLETTER Powers Of Attorney Can Be Used to Steal From Principals Example Of Theft By POA Remedies For Financial POA Abuse Powers of attorney are incredibly powerful legal instruments. The scope of the appointed attorney-in-fact’s powers is set by law and, unless specifically limited, extends to almost every form […]