Category: Evans Law Firm

ATTORNEY NEWSLETTER Full and Partial Surrenders or Cancellations of Nationwide Life and Annuity Insurance Company Annuities Nationwide Life and Annuity Insurance Company, part of the Nationwide Mutual Insurance Group, issues fixed indexed annuities in California under the trade names Nationwide New Heights©, Nationwide High Point 365 ©, and Nationwide High […]

ATTORNEY NEWSLETTER When Financial Predators Strike Taking Advantage Of Isolation And Cognitive Impairment Our litigators see a sadly familiar pattern in financial elder abuse cases: an elderly person’s spouse of many years dies and the survivor is left alone. Enter a stranger or caregiver to “help” the survivor. Cash begins […]

ATTORNEY NEWSLETTER Regulators Take Closer Look Investigating Annuity Sales Practices Our litigators recommend against annuities because commissions, fees and surrender penalties reduce returns and make it expensive to get your money out if you need it. Agents may pitch you on an annuity for your retirement plan. We advise against […]

ATTORNEY NEWSLETTER Increasing Reports Of Financial Elder Abuse What To Look For Financial elder abuse is on the rise here in Alameda County. Adult Protective Services received approximately 6000 reports of elder abuse in Alameda County last year, 70% of which were reports of financial elder abuse. The elder abuse […]

ATTORNEY NEWSLETTER Financial Powers of Attorney and the Elderly Potential for Misuse Financial elder abuse can strike seniors from various directions including from those whom the senior has trusted with a Power of Attorney (POA) over financial matters. A financial POA is an important legal document where a principal authorizes […]

ATTORNEY NEWSLETTER Dangers of Premium Payment Loans Tax Consequences Borrowing against a whole life insurance policy can have serious economic and tax consequences down the road if policyholders are not careful. Insurance agents use the fact that policyholders can borrow against the cash value of whole life policies as part […]

ATTORNEY NEWSLETTER Eclipse Indexed Universal Life Insurance From Minnesota Insurance Company/Securian Financial Minnesota Life Insurance Company, part of Securian Financial Group, issues indexed universal life insurance policies in California and throughout the United States under the trade names Eclipse Protector IUL©, Value Protection IUL ©, and similar trade names. These […]

ATTORNEY NEWSLETTER Allianz Indexed Universal Life Insurance Products Allianz Life Pro+ Elite and Life Asset + Evans Law Firm, Inc. represents clients who have suffered losses on all types of life insurance and annuity contracts, including fixed indexed universal life insurance. Allianz Life Insurance Company of North America issues fixed […]

ATTORNEY NEWSLETTER Stronger Regulations for Assisted Living Facilities and Nursing Homes A recent report from the Government Accountability Office (GAO) found that improved federal oversight of the health and welfare of residents is needed in both nursing homes and assisted living facilities. The Alameda County elder abuse attorneys at Evans […]

ATTORNEY NEWSLETTER Avoid The Push Toward Annuities Insurance Agents and Banks Earn Commissions on Sales America has been in a low-interest-rate economy for years and returns on Certificates of Deposit have been on the low side for some time.  Now bank rates are inching up and shaky stock and bond […]