Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Indexed Annuities Are Not Index Fund Investments Indexed Annuity Policy Limitations On Returns Caps, Participation Limits, Annual Fees And Surrender Charges Insurance agents sell indexed deferred annuities to seniors as “safe” investments for income later in life.  But rather than take the selling points at face value, seniors […]

ATTORNEY NEWSLETTER Financial, Physical, Sexual And Emotional Elder Abuse  Millions Of Older Americans Abused Every Day Look For Signs And Get Elder Counsel Assistance Physical abuse and financial abuse of seniors is really increasing in these troubling times.  Seniors are caught between two very dangerous trends: the economic downturn which […]

ATTORNEY NEWSLETTER Brokers Target Senior Investors Through Advance Fee Frauds Be Wary Of Unregistered Offerings Greedy Promoters And Brokers Target Seniors  Greedy stock promoters, financial advisors and brokers target senior investors in particular with investment opportunities offering above-market interest rates.  For the most part, these offerings are unregistered and may […]

ATTORNEY NEWSLETTER Thanksgiving Day 2020 Is Like No Other Safely Include Your Older Loved Ones Seniors Need You More Than Ever Ingrid M. Evans and all of us at Evans Law Firm wish you a very happy and safe Thanksgiving Day this year. 2020 surely brings a Thanksgiving unlike any […]

ATTORNEY NEWSLETTER Insurance Policies Are Not Fund Investments Contract Rates Have Caps And Other Limitations Penalties On Withdrawals  When you survey fliers and ads for indexed deferred annuities you may get the sense that deferred annuities are really the same as direct investments in market indexes. They aren’t; deferred annuities […]

ATTORNEY NEWSLETTER Incidents Of Financial Elder Abuse Up Complexity Of Cases Grows Too How Elder Abuse Counsel Can Help  Some regions of the United States are reporting over 100% increases in incidents of reported financial exploitation of seniors.  Elder advocates estimate that roughly only 1 in 14 cases of financial […]

ATTORNEY NEWSLETTER Insurance Agent Accused Of Stealing Seniors’ Premium Payments Allegedly Swindles 93-Year Old Client Funeral Insurance Policy Scam Seniors are vulnerable to financial elder abuse from many quarters, and insurance agents are among those who can swindle seniors out of money.  In one recently reported case,[1] police and the […]

ATTORNEY NEWSLETTER Home Ownership And Estate Planning Planning Ahead To Avoid Problems Recognize Potential For Financial Elder Abuse For most of us, our home is the largest, and most precious, asset we have.  As tied as we are to our home, it may not be possible to remain there until […]

ATTORNEY NEWSLETTER Fall Of Annuity Interest Rates Continues Reassess The Viability Of Annuities Avoid Getting Stuck In An Annuity Annuity interest rates have been in a freefall in 2020, and there are no signs ahead of any correction.  Collapsing annuity interest rates translate into collapsing monthly payouts when contracts begin […]

ATTORNEY NEWSLETTER Financial Advisor Embezzles $8 Million From Structured Settlement Funds Thirteen Individuals Swindled Out Of Annuity Funds Severely Disabled Child Among Victims Structured settlements operate essentially like annuities paying out an income stream from a fund of money set aside for that purpose.  Structured settlements are often  used for […]