Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Don’t Be Rushed By Aggressive Sales Tactics Ask Important Questions And Review With Family First Free-Look Period Evans Law Firm, Inc. generally recommends against annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Deferred annuities impose […]

ATTORNEY NEWSLETTER Message Comes On Elder Abuse Awareness Day Common Warning Signs Of Elder Abuse Act On Any Suspicion Of Abuse On Elder Abuse Awareness Day (June 15 every year), California Attorney General Rob Bonta provided Californians with tips to identify and report elder abuse.  Elder Abuse is a national […]

ATTORNEY NEWSLETTER Unsuitable Investments For Seniors High Surrender Charges Switching Or Exchanging Annuities Can Be Costly Mistake Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies include withdrawal penalties (called surrender charges) if you need your money back. […]

ATTORNEY NEWSLETTER Allegedly Embezzled $2 Million Promises Of High Returns On Invested Money Offered “Investment Advisory Services”  Often it takes years for some complicated elder financial abuse schemes to unwind and be detected.  In many cases, the scheme is not discovered until the victim as died, particularly in the abuse […]

ATTORNEY NEWSLETTER High-Yield Investment Fraud Targeted Elderly Multi-Million Dollar Scheme Allegedly Ran or Six Years Individuals Plead Guilty To Multiple Charges Financial elder abuse may be limited to isolated transactions exploiting specific older individuals, but larger fraudulent and abusive schemes may be perpetrated on numerous elderly victims.  Seniors are often […]

ATTORNEY NEWSLETTER Insurance Agent Charged With Raiding Elderly Client’s Annuities Admits To Stealing $1.3 Million From 79-Year-Old Convinced Victim To Transfer Life Insurance And Retirement Accounts Financial elder abuse causes billions of dollars of losses to older Americans and their families every year.  Much financial elder abuse, like other forms […]

ATTORNEY NEWSLETTER Widespread Risk Of Financial Elder Abuse Run Background Checks On In-Home Caregivers Involve All Family Members In Decisions Financial elder abuse is a crime in California and grounds for civil liability against the person who took the property.  Older Americans and their families lose more than $3 billion […]

ATTORNEY NEWSLETTER Disadvantages of Indexed Universal Life Insurance For Seniors Increasing Premiums And Policy Lapses  Surrender Charges  Evans Law Firm, Inc. generally cautions against certain forms of indexed universal life insurance (IULs) for senior consumers because IULs are expensive, complicated, and tie up invested money for long periods of time. […]

ATTORNEY NEWSLETTER Caregiver Allegedly Stole $4000 And Neglected Elderly Woman Neighbor Called 911 Victim Admitted To Hospital For Malnutrition And Skin Deterioration Sadly, we share too many stories of seniors and dependent adults who suffer from neglect and abuse by in-home caregivers.  Where a dishonest caregiver is after a patient’s […]

ATTORNEY NEWSLETTER Allegedly Defrauded Investors Were Ages 78-94 Promised 13% Return On A Promissory Note Fraud Allegedly Continued For Five Years Sales of unsuitable investments to seniors may constitute financial elder abuse.  Largescale pyramid or Ponzi schemes may also target seniors. Statistics show that the older we get the more […]