Category: financial elder abuse

ATTORNEY NEWSLETTER Cash Withdrawals From Senior’s Account Over $100,000 Withdrawn In A Year Protecting Older Loved Ones Some dishonest caregivers are very bold in the tactics they use to financially exploit older people, as the below case illustrates.  Other caregivers are more subtle in their financial abuse and the abuse […]

ATTORNEY NEWSLETTER $35,000 Missing From Senior’s Account Caregiver Allegedly Defrauded Senior For Seven Months Falsified Time Records And Checks Alleged Most financial elder abuse by a dishonest caregiver or other person with access to a senior’s finances starts out relatively small, the amounts stolen grow over time as the predator […]

ATTORNEY NEWSLETTER Heightened Risk For Isolated Seniors Spotting Signs Of Financial Elder Abuse Remedies For Injured Seniors Financial elder abuse is an especially disastrous form of abuse of seniors, and millions of seniors are victims of financial elder abuse every year in this country.  Senior victims of financial elder abuse […]

ATTORNEY NEWSLETTER Avoid The Hype About Annuities Exiting Annuity Contracts Is Costly Policy Fees And Low Rates Of Return Life insurance agents often use market volatility as a selling point for deferred annuities for retirement income planning.  Be careful when you hear that pitch. Deferred annuities are long-term insurance contracts […]

ATTORNEY NEWSLETTER $2 Million Missing From Seniors’ Accounts Promises Of High Returns Enticed Older Investors Money Transferred To Advisor’s Personal Accounts Evans Law Firm, Inc. represents seniors themselves who are victims of financial elder abuse and the children or other family of deceased seniors who have been financially exploited.  Often […]

ATTORNEY NEWSLETTER Victims Lost Retirement Savings Homes At Risk Of Foreclosure Ponzi Scheme Decades Old Financial elder abuse can be limited to isolated transactions exploiting the elderly or can be a largescale fraud striking numerous elderly victims.  Seniors are often targets of Ponzi schemes, where money collected from new investors […]

ATTORNEY NEWSLETTER $900,000 Transferred Out Of Senior’s Bank Account 87-Year-Old With Dementia Left Alone For Hours Found Wandering In Road If you are an older person living alone, never let a stranger enter your home.  If you need in-home help, run a background check on any proposed hire and thoroughly […]

ATTORNEY NEWSLETTER Potential Problems For Seniors Costly Exits From Policies Pay Attention To Fees, Participation Rates And Caps Whenever an insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Indexed annuities, like most deferred annuities, […]

ATTORNEY NEWSLETTER Forged Checks And Other Crimes Alleged Bank Reported Unusual Activity To Victim’s Family Protecting Older Loved Ones All seniors are potential victims of financial elder abuse.  Those seniors who are alone and under the care of an in-home caregiver are particularly at risk if the caregiver is a […]

ATTORNEY NEWSLETTER Agents May Abuse Broad Authority Under Powers Of Attorney Self-Dealing And Other Agent Fraud Remedies For Injured Seniors And Families Powers of attorney are extremely important estate planning tools for all of us as we age; it is helpful to have such arrangements in place before the need […]