Category: financial elder abuse

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 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 Embezzling Checks From The Elderly Police have issued an arrest warrant for a 29-year-old caregiver accused of embezzling more than $63,000 from a 73-year-old survivor of the Camp Fire blaze. The caregiver allegedly stole insurance money the senior received for her destroyed home.[1]  The case illustrates the access […]

ATTORNEY NEWSLETTER Risk of Financial Elder Abuse by Caregivers Spotting Financial Elder Abuse Earlier this summer police arrested the former caregiver of late Marvel Comic creator Stan Lee on charges of fiduciary elder abuse,and embezzling artwork, cash, and other assets, worth over $5 million.[1] Months before he died, Lee had […]

ATTORNEY NEWSLETTER Beware the Hype Consumer Risks, Especially For Seniors Annuities Are Expensive, Complicated Insurance Products Based on years of litigation experience, our lawyers recommend consumers, especially senior consumers, avoid annuities or life insurance.  Insurance carriers, marketing groups and agents tend to reinvent the ways they sell these products over […]

ATTORNEY NEWSLETTER Financial Elder Abuse on the Rise in San Francisco Law Enforcement Only Investigates a Fraction of the Cases Cases of elder and dependent adult abuse in the City jumped 18 percent in 2017, according to a report released Tuesday by the Family Violence Council in San Francisco. While […]

ATTORNEY NEWSLETTER 100% of Seniors at High Risk of Financial Elder Abuse Criminals find seniors easy targets for financial elder abuse and theft. All seniors are at risk. While the elderly may be alert to well-publicized scams, financial elder abuse may often be slow and subtle and come from caregivers, […]

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 […]