Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Surrender Penalties Lock You In  Costly Exits Other Disadvantages Of Deferred Annuities Deferred annuities require a long-term commitment of your money to the insurance carrier issuing the policy and impose penalties on getting your money back for years.  Life changes or changes during this waiting period (known as […]

ATTORNEY NEWSLETTER Complicated Insurance Contracts With High Sales Commissions Surrender Penalties Lock You In Diminished Returns And Investment Risks 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 […]

ATTORNEY NEWSLETTER Reported Case Example Online Transfers And Account Access Protecting Seniors Unauthorized online money transfers is a recurring form of financial elder abuse perpetrated on older persons. If a dishonest caregiver has confidential information about a senior like their Social Security Number, birthdate, bank accounts numbers and maybe even […]

ATTORNEY NEWSLETTER High-Commission Insurance Contracts Penalized For Withdrawals Uninsured Investment Risk 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 need your money back. […]

ATTORNEY NEWSLETTER Financial Elder Abuse Of Facility Residents Recent Allegations Against Facility Owner Protecting Older Loved Ones  We often write about financial elder abuse of isolated seniors by their in-home caregivers.  But seniors residing in care facilities are also at risk of financial elder abuse by the staff and even […]

ATTORNEY NEWSLETTER Criminal Elder Abuse Felony Elder Abuse How To Protect Older Loved Ones One of the most pressing concerns for seniors is elder abuse. As many as 5 million older Americans experience abuse every year, according to the National Council on Aging.  (That number could in reality be much […]

ATTORNEY NEWSLETTER Complicated And Costly Insurance Policies Penalties For Getting Your Money Back Unfavorable Interest Crediting Formulas Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. The contracts are illiquid because […]

ATTORNEY NEWSLETTER Claims of Fraud And Financial Elder Abuse Hundreds Of Thousands Paid In Fees Protecting Older Persons From Fraud Greedy financial advisors may prey upon an older person’s anxiety about money for the future by offering bogus “opportunities” promising high returns or unsuitable life insurance plans that generate substantial […]

ATTORNEY NEWSLETTER Claims of Coercion, Fraud And Financial Elder Abuse Presley’s Lawsuit Seeks Over $1 Million In Damages Protecting Older Persons From Fraud While often the financial predators of seniors are newcomers in their lives or even total strangers, seniors may also be victims of financial elder abuse from those […]

ATTORNEY NEWSLETTER Complicated And Costly Insurance Policies Penalties For Getting Your Money Back Unfavorable Interest Crediting Formulas Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. The contracts are illiquid because […]