Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Aggressive Sales Tactics By Agents Always Review With Another Professional And Family Legal Protections For Senior Consumers 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. Deferred annuities […]

ATTORNEY NEWSLETTER Controlled 88-Year-Old Client’s Finances By Power Of Attorney Unauthorized Transfers Of Money To Personal Accounts Money Stolen Before And After Victim’s Death Many incidents of financial elder abuse of a senior involve someone, like a caregiver or new or long lost “friend”, who moves in (sometimes, literally) and […]

ATTORNEY NEWSLETTER Allegations Of Attorney-in-Fact Misuse Of POA $891,000 In Damages Claimed By Senior Title To Senior’s Home Allegedly Taken Financial powers of attorney (POAs) are extremely important legal instruments which grant appointed persons (referred to as agents or attorneys-in-fact) full legal authority to act for the principal who executes […]

ATTORNEY NEWSLETTER Accused Of Stealing Over $700,000 Allegedly Falsified Business Loan Applications Kept Victim Isolated We cannot emphasize strongly enough that it is always a mistake to involve a caregiver in a senior’s finances.  Always.  Even if the caregiver is an honest person, he or she likely knows little about […]

ATTORNEY NEWSLETTER Spotting Power Of Attorney Abuse How Agents Use POAs To Enrich Themselves Stopping And Suing For POA Abuse A power of attorney is a document authorizing one or more people (“agent(s)” or “attorney(s)-in-fact”)) to act on behalf of another (the “principal”) in financial or medical matters. Financial powers of […]

ATTORNEY NEWSLETTER Evans Law Firm Represents Victims And Families Financial Elder Abuse And Invalid Deathbed Estate Changes Contingent And Hourly Representations Evans Law Firm, Inc. represents elderly victims of financial elder abuse and their families in pursuing all persons who financially exploit the elderly.  During a senior’s lifetime, the abuse […]

ATTORNEY NEWSLETTER Deferred Annuities Are Unsuitable Investments For Seniors Costly Penalties On Getting Your Money Back Participation Rates And Caps And Fees Lower Returns Deferred annuities are insurance contracts where the policyholder pays a premium to an insurance carrier now for income payments in the future.  Evans Law Firm, Inc. […]

ATTORNEY NEWSLETTER Money Stolen Over Several Years Over $860,000 Gone Falsified Documents And Beneficiary Designations Older persons often execute powers of attorney (POAs) to appoint designated persons to transact financial affairs on their behalf with full legal authority to do so.  The person appointed under the POA is called the […]

ATTORNEY NEWSLETTER Victim Noticed Suspicious Charges On Credit Card Allegedly Unauthorized Purchases Include Vacations 30 Felonies Of Unauthorized Credit Card Use Seniors are at risk of financial elder abuse from many different directions but sadly one of the most recurring is abuse by dishonest caregivers working in a senior’s own […]

ATTORNEY NEWSLETTER Caregiver Allegedly Forged Or Altered Checks For Years Unlicensed Caregiver Had Prior Criminal History Allegedly Cashed Large Check Day After Senior Died Older victims lose more than $3 billion annually as a result of financial elder abuse, according to FBI and National Institute of Justice statistics. As many […]