Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Different Forms Of Financial Elder Abuse Warning Signs of Financial Exploitation Protecting Older Loved Ones And Recourse Against Abusers Financial elder abuse happens when money or belongings are stolen from an older adult. It can include forging checks, taking someone else’s retirement or Social Security benefits, or using a […]

ATTORNEY NEWSLETTER Trustee Theft And Other Breaches Of Duty Removal And Other Remedies  Elder And Dependent Adult Abuse Act Remedies  Trusts are important tools for protecting and managing assets for anyone, especially seniors and dependent adults.  For dependent persons, there is a specific form of trust known as a Special […]

ATTORNEY NEWSLETTER Annuities Are Complex, Long-Term Insurance Products Expenses Add Up Deceptive Sales Practices Evans Law Firm, Inc. recommends against annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Contracts carry significant annual fees and impose surrender charges […]

ATTORNEY NEWSLETTER Adviser Sentenced And Ordered To Pay $12.5 Million In Restitution Charges Of Defrauding Retirees Over A Seven-Year Period Failed To Disclose History Of Industry Disciplinary Actions Fraudulent investment schemes against elderly victims violate federal and State securities laws, wire and mail fraud laws, theft, and financial elder abuse, […]

ATTORNEY NEWSLETTER Charged With Theft Over Eighteen-Month Period Family Member Noticed Unauthorized Activity Police Review Bank Surveillance Videos Crimes with caregivers preying on elderly victims is a national issue and a growing problem in California and here in San Francisco. Older victims lose more than $3 billion annually in scams […]

ATTORNEY NEWSLETTER Agents Target Seniors For Annuity Sales Beware Of Questionable Sales Tactics Questions To Ask And Red Flags For Consumers Evans Law Firm, Inc. recommends seniors avoid deferred annuities because deferred annuity contracts are expensive and complicated and tie up a senior’s money for years. If you are approached […]

ATTORNEY NEWSLETTER Cash And Jewelry Disappear From Elder’s Home Missing Jewelry Identified At Pawn Shop Two Caregivers Allegedly Worked Together In Stealing In-home caregivers usually work in shifts, particularly if an older or dependent adult needs round the clock care.  Unscrupulous caregivers working in shifts may work together in stealing […]

ATTORNEY NEWSLETTER Authorities Discover 1500 Unauthorized Transactions By Caregiver Withdrawals From Retirement, Checking And Savings Accounts Financial Abuse And Criminal Investigation Takes Heavy Toll On Couple Unscrupulous caregivers with access to a senior’s bank account information are in a position to make unauthorized transfers and withdrawals through online transactions, and […]

ATTORNEY NEWSLETTER What Are Deferred Annuities?  Why Are Deferred Annuities Bad For Seniors? Understand How Deferred Annuities Work  Deferred annuities are insurance contracts where the policyholder pays a premium to an insurance carrier now for income payments in the future.  Below, we explain in more detail how these complicated insurance […]

ATTORNEY NEWSLETTER Accusations Of Altered Checks  Victim’s Daughter Discovers Irregularities Defendant Faces Up To 15 Years In Prison In California a professional fiduciary that is licensed, bonded and insured is often a preferable choice when a senior needs help keeping up with finances and no trusted family member can do […]