Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Financial Powers Of Attorney Are Powerful Legal Instruments Possibility Of Abuse Of Power Always Present Examples Of Power Of Attorney 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 […]

ATTORNEY NEWSLETTER Assisted Care Facility Residents Victimized Family Discovers Suspicious Charges Unauthorized Charges On Two Patients’ Cards Whenever a dishonest caregiver or other stranger enters a senior’s home or a senior’s room in an assisted care facility or nursing home, credit and debit cards and ATM cards, checks and entire […]

ATTORNEY NEWSLETTER Unauthorized Debit Card Use Alleged Two Years Of Alleged Fraud $30,000 Charged On 76-Year-Old’s Accounts Unauthorized use of credit and debit cards is a prevalent form of financial elder abuse of the elderly.  Dishonest caregivers and others who access a senior’s cards and PIN (or create a PIN […]

ATTORNEY NEWSLETTER Costly Withdrawals From Contracts Locked Into Investment Strategies Commissions, Fees And Caps Diminish Returns 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 annuity contract, you will […]

ATTORNEY NEWSLETTER Elder Abuse A Growing Epidemic in U.S. Spotting Signs Of Elder Abuse Of Loved Ones And Friends Call Counsel If You Suspect Abuse As many as 1 in 10 older adults is abused or neglected each year in the United States, and only 1 in 14 cases of […]

ATTORNEY NEWSLETTER Be Wary Of Annuities In IRA Accounts Disadvantages Of Deferred Annuities Tax deferral is an important component of retirement savings.  In IRAs, 401(k)s, SEPs and the like retirement savings grow tax-free until it’s time to withdraw without penalty after age 59 ½.   Annuity salesmen often counsel consumers to […]

ATTORNEY NEWSLETTER Victim Noticed Suspicious Charges On Account Unauthorized Purchases Allegedly Include Caregiver Vacations Caregiver Charged With 30 Separate Felonies One of the most recurring forms of financial elder abuse is theft from seniors by dishonest caregivers working in a senior’s own home.  Betrayal of an elder’s trust by a […]

ATTORNEY NEWSLETTER Embezzled $2 Million From Elderly Clients Lured Seniors With False Promises Of High Returns Many Victims Lost Lifetime Of Savings Evans Law Firm, Inc. represents seniors themselves who are victims of financial elder abuse and the families of deceased seniors who have been financially exploited.  Often it takes […]

ATTORNEY NEWSLETTER Fraudulent Debit Card Use Alleged Complaint Alleged Fraud for Over 18 Months 76-Year-Old Victim Of In-Home Caregiver’s Fraud One of the most common types of fraud against the elderly is stealing credit card information or actually using the physical card without permission.  Dishonest caregivers and others who physically access […]

ATTORNEY NEWSLETTER Money Tied Up In Deferred Annuities For Years No Control Over How Your Money Is Invested Returns Diminished By Commissions, Fees And Caps 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 […]