Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Powers Of Attorney Grant Broad Authority Over All Financial Matters The Risk Of POA Abuse Is Always There Examples Of Theft By Use Of Power Of Attorney Powers of Attorney (POAs) are important and powerful legal documents that grant the agent appointed under the POA full legal authority […]

ATTORNEY NEWSLETTER Unauthorized Credit Card Use Victim’s Family Spots Suspicious Charges Protecting Older Loved Ones  Stealing a senior’s debit or credit cards and making unauthorized charges are a common form of financial elder abuse.  Whenever a dishonest caregiver or other stranger enters a senior’s home or nursing home room, credit […]

ATTORNEY NEWSLETTER Abuse By Self-Dealing Case Examples Remedies For Injured Seniors Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, and medical powers of attorney, known in California as an Advance Health Care Directives (AHCDs), grant authority over medical decisions and health care issues. The forms […]

ATTORNEY NEWSLETTER How Dishonest Caregivers Steal From Seniors Example Of What Can Happen Protecting Older Loved Ones From Fraud All seniors (persons over 65) are potential victims of financial elder abuse, but seniors under the care of in-home caregivers are especially vulnerable when a dishonest person is in their home […]

ATTORNEY NEWSLETTER Online Access To Change Deposit Instructions  Case Example Of Redirected Automatic Deposits Protecting Older Loved Ones From Financial Fraud Anonymous online access to pension or Social Security benefit profiles or phone impersonations of seniors are frequent ploys by caregivers intent on stealing from unsuspecting older persons. Whenever a […]

ATTORNEY NEWSLETTER Certified Nursing Assistance Arrested Accused Of Unauthorized Debit Card Use Protecting Older Loved Ones Unauthorized use of credit and debit cards is a recurring form of financial elder abuse on seniors by dishonest caregivers and others with access to the cards. Whatever the timing or form of financial […]

ATTORNEY NEWSLETTER Case Example Unauthorized Card Charges And Overdrawn Account Protecting Older Loved Ones We cannot emphasize strongly enough how important it is to keep checks, ATM/Debit cards, and cash away from caregivers or other strangers who enter a senior’s home. Never hand an ATM/debit card or credit card to […]

ATTORNEY NEWSLETTER Complex, Expensive Insurance Contracts Getting Your Money Back Will Cost You Other Disadvantages 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 during the […]

ATTORNEY NEWSLETTER Exiting Contracts Is Costly Sales Commissions, Fees, Participation Rates And Caps Questionable Sales Tactics 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. Whenever an insurance agent or […]

ATTORNEY NEWSLETTER Case Example Stolen And Forged Checks Protecting Older Loved Ones While all seniors are potential victims of financial elder abuse, those who are alone and under the care of an in-home caregiver are particularly at risk if the caregiver is a dishonest person looking to take advantage of […]