Category: financial elder abuse

The Problems Associated With Indexed Universal Life Insurance (IUL) Indexed Universal Life Insurance (IUL) As individuals age, their mind often wanders to how they will pay the bills after they retire. An option often presented to them by or insurance agents or companies is an indexed universal life insurance policy, […]

Financial Elder Abuse: Protection and Prevention Financial Elder Abuse Financial elder abuse happens in mass numbers and the consequences are increasingly more and more severe. Recent studies show that 1 in 10 elders is abused, and that figure climbs to 1 in 2 elders when the senior suffers from dementia. […]

Senior Savings Scams Recently, the Los Angeles County District Attorney issued a statement regarding senior financial elder abuse scams. Specifically, the District Attorney reported that nearly 1 in 5 elders in Los Angeles County will be at the wrong end of financial fraud.

Trustee’s Assistant Steals $500K From Senior Financial Elder Abuse When news articles highlight financial elder abuse at the hands of those who should be the most trusted—such as trustees and their staffs—it becomes difficult to put your faith in anyone.

Elder Abuse by Caregivers There comes a time in most seniors’ lives when a caregiver is indispensable. Often aging individuals need round-the-clock help, and neither family members nor close friends are in a position to donate that time. And often too the skills of a professional caregiver are required.. Unfortunately, […]

Medical Professionals’ Responsibility to Protect Elders from Abuse Elder Abuse Elder abuse is often difficult to detect and sometimes victims feel uncomfortable talking to even their most trusted family members about the abuse. In such cases, other trusted individuals and professionals may be able to speak with the elder and […]

Risk Factors for Financial Elder Abuse According to a recent study reviewed in Forbes, over 5% of senior Americans are financially exploited by family members each year and an even greater percentage are defrauded by strangers. Spotting financial elder abuse is not always easy, and sadly the harm may be […]

Financial Elder Abuse May Just Be A Click Away… The Elderly Population The elderly population is growing like never before as boomers age. The number of seniors living in California alone rose 18.3 percent between 2000-2010. And the elderly population is projected to double between the years of 2010 and […]

ATTORNEY NEWSLETTER Financial Institutions Now Have An Obligation To Stop Elder Abuse The Facts Every year on average a staggering $2.9 billion is taken from elders in financial abuse scams! In fact, many believe the economic toll may be much higher as cases are often never reported or perhaps never […]

ATTORNEY NEWSLETTER The Complexities of Probate Code 21350 And Why It Is Now 21380 What is Probate Code 21350? California Probate Code 21350, introduced in 2010, prohibited caretakers of the elderly from receiving any gifts under their elderly patient’s will once the patient died. While the intent of the statute […]