Category: financial elder abuse

ATTORNEY NEWSLETTER Genworth Life and Annuity Insurance Company Whole Life Insurance Required Disclosures to Senior Policyholders If you are over age 60, live in Marin County or elsewhere in California, and have cancelled (or surrendered) a whole or universal life insurance policy issued by Genworth Life and Annuity Insurance Company […]

ATTORNEY NEWSLETTER Financial Elder Abuse Elder abuse is a real problem in Contra Costa County. Case workers at Adult Protective Services for the county report handling more than twice the national average of elder abuse cases. Elder abuse includes both physical harm and neglect and financial exploitation ranging from forged […]

A reverse mortgage is a financial product that is available to homeowners aged 62 and older that allows them to convert part of their home equity into cash. Seniors strapped for cash may believe a reverse mortgage is the answer.  But reverse mortgages are expensive: origination fees and closing costs […]

ATTORNEY NEWSLETTER Preventing Fraud and Abusive Practices Know Your Adviser Before You Buy Knowing who to trust for professional financial advice may be the most important step for consumers, especially seniors, when turning to an adviser for financial planning help. The San Francisco and California securities fraud and financial elder […]

ATTORNEY NEWSLETTER Court-Appointed Fiduciaries May Abuse Their Trust Stories of Embezzlement, Fraud and Breach of Fiduciary Duty Court-appointed conservators and other fiduciaries (such as guardians or trustees) don’t always protect the persons they’re appointed to protect. Increasingly, we hear of court-appointed fiduciaries embezzling or otherwise betraying the interests of their […]

ATTORNEY NEWSLETTER High-Risk Private Placements Private placements are securities offerings that are not registered with the Securities and Exchange Commission (SEC). Companies raise billions of dollars through private placements, especially small or start-up companies. Investing in private placements is risky and can tie up your money for a long time; […]

ATTORNEY NEWSLETTER Our Lawyers Fight Against Financial Exploitation of Seniors We Know What It Takes To Bring Your Case The elder abuse attorneys at Evans Law Firm, Inc. every day fight for seniors victimized by financial elder abuse and take cases to court. Our attorneys understand how devastating financial elder […]

ATTORNEY NEWSLETTER Watch Out for Stockbroker Fraud If You’re a Victim, We Can Help Unscrupulous stockbrokers prey on seniors in particular. After all, seniors hold 1/3 of the nation’s wealth. And stockbrokers are looking for commissions; they don’t earn much if seniors clip coupons off municipal bonds.  Some brokers will […]

ATTORNEY NEWSLETTER Be Wary of Variable Annuities Don’t Be Blindsided In Your Search For Higher Returns In our current low-interest rate environment, insurance agents and retirement planners push variable annuities as a way to get more bang for your buck when it comes to retirement savings. Be very careful.  These […]

ATTORNEY NEWSLETTER Be Wary of Annuities in IRA Accounts Tax deferral is the key to successful retirement savings. IRAs, 401(k)s, SEPs and the like offer deferral and savers can see their retirement savings grow tax-free until it’s time to withdraw without penalty after age 59 ½. Annuity salesmen often counsel […]