Category: financial elder abuse

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 […]

ATTORNEY NEWSLETTER Costly And Complex Insurance Contracts Withdrawal Penalties For Getting Your Money Back Other Disadvantages For Seniors 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 […]

ATTORNEY NEWSLETTER Case Example Unauthorized Online Transfers And Check Forgeries Protecting Older Loved Ones Whenever a dishonest caregiver or other stranger enters an isolated senior’s home for any period of time there is a true risk of financial elder abuse. Caregiver financial elder abuse, when it occurs, often takes the […]

ATTORNEY NEWSLETTER Physical And Financial Abuse Of The Same Victim Multiple Charges In One Case Example Remedies For Victims And Families Sadly, incidents of caregiver abuse often involve both physical abuse or neglect and financial elder abuse.  Indeed, physical abuse or neglect of a senior can be part of a […]

ATTORNEY NEWSLETTER Dishonest Agents Target Seniors Case Examples Protecting Older Loved Ones Unscrupulous life insurance agents sometimes abuse their profession for personal gain by committing fraud on customers, particularly targeting older consumers in some cases.  Dishonest life insurance agents may exploit older consumers by selling them expensive and unsuitable insurance […]

ATTORNEY NEWSLETTER Pension And Social Security Benefits Allegedly Stolen Benefit Profiles Changed Online Protecting Older Loved Ones Dishonest caregivers with internet access may gain access to a senior’s pension or Social Security benefit profiles with just a few pieces of important information like the senior’s date of birth and Social […]

ATTORNEY NEWSLETTER Surrender Penalties Lock You In  Costly Exits Other Disadvantages Of Deferred Annuities Deferred annuities require a long-term commitment of your money to the insurance carrier issuing the policy and impose penalties on getting your money back for years.  Life changes or changes during this waiting period (known as […]

ATTORNEY NEWSLETTER Reported Case Example Online Transfers And Account Access Protecting Seniors Unauthorized online money transfers is a recurring form of financial elder abuse perpetrated on older persons. If a dishonest caregiver has confidential information about a senior like their Social Security Number, birthdate, bank accounts numbers and maybe even […]