Category: Elder Financial Abuse

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 […]

ATTORNEY NEWSLETTER Cash Withdrawals From Senior’s Account Over $100,000 Withdrawn In A Year Protecting Older Loved Ones Some dishonest caregivers are very bold in the tactics they use to financially exploit older people, as the below case illustrates.  Other caregivers are more subtle in their financial abuse and the abuse […]

ATTORNEY NEWSLETTER $35,000 Missing From Senior’s Account Caregiver Allegedly Defrauded Senior For Seven Months Falsified Time Records And Checks Alleged Most financial elder abuse by a dishonest caregiver or other person with access to a senior’s finances starts out relatively small, the amounts stolen grow over time as the predator […]

ATTORNEY NEWSLETTER Heightened Risk For Isolated Seniors Spotting Signs Of Financial Elder Abuse Remedies For Injured Seniors Financial elder abuse is an especially disastrous form of abuse of seniors, and millions of seniors are victims of financial elder abuse every year in this country.  Senior victims of financial elder abuse […]

ATTORNEY NEWSLETTER Avoid The Hype About Annuities Exiting Annuity Contracts Is Costly Policy Fees And Low Rates Of Return Life insurance agents often use market volatility as a selling point for deferred annuities for retirement income planning.  Be careful when you hear that pitch. Deferred annuities are long-term insurance contracts […]

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 Fixed And Fixed Indexed Annuities Are Complex Insurance Policies Not Fund Investments Do Not Be Rushed Into A Sale Market volatility and market jitters are often talking points when life insurance agents propose the “safety” of fixed and fixed indexed annuities.  Don’t buy it, because that is not […]

ATTORNEY NEWSLETTER Victims Lost Retirement Savings Homes At Risk Of Foreclosure Ponzi Scheme Decades Old Financial elder abuse can be limited to isolated transactions exploiting the elderly or can be a largescale fraud striking numerous elderly victims.  Seniors are often targets of Ponzi schemes, where money collected from new investors […]

ATTORNEY NEWSLETTER $900,000 Transferred Out Of Senior’s Bank Account 87-Year-Old With Dementia Left Alone For Hours Found Wandering In Road If you are an older person living alone, never let a stranger enter your home.  If you need in-home help, run a background check on any proposed hire and thoroughly […]

ATTORNEY NEWSLETTER Potential Problems For Seniors Costly Exits From Policies Pay Attention To 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, […]