Category: financial elder abuse

ATTORNEY NEWSLETTER High-Commission Insurance Contracts Penalized For Withdrawals Uninsured Investment Risk Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies may tie up a senior’s money for years and impose significant penalties if you need your money back. […]

ATTORNEY NEWSLETTER Financial Elder Abuse Of Facility Residents Recent Allegations Against Facility Owner Protecting Older Loved Ones  We often write about financial elder abuse of isolated seniors by their in-home caregivers.  But seniors residing in care facilities are also at risk of financial elder abuse by the staff and even […]

ATTORNEY NEWSLETTER Complicated And Costly Insurance Policies Penalties For Getting Your Money Back Unfavorable Interest Crediting Formulas 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 […]

ATTORNEY NEWSLETTER Claims of Fraud And Financial Elder Abuse Hundreds Of Thousands Paid In Fees Protecting Older Persons From Fraud Greedy financial advisors may prey upon an older person’s anxiety about money for the future by offering bogus “opportunities” promising high returns or unsuitable life insurance plans that generate substantial […]

ATTORNEY NEWSLETTER Claims of Coercion, Fraud And Financial Elder Abuse Presley’s Lawsuit Seeks Over $1 Million In Damages Protecting Older Persons From Fraud While often the financial predators of seniors are newcomers in their lives or even total strangers, seniors may also be victims of financial elder abuse from those […]

ATTORNEY NEWSLETTER Complicated And Costly Insurance Policies Penalties For Getting Your Money Back Unfavorable Interest Crediting Formulas 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 […]

ATTORNEY NEWSLETTER Reported Case Example Over 100 Fraudulent Credit Card Charges Protecting Seniors Stolen checks, credit card theft, missing cash and valuables, stolen identity, unauthorized online money transfers, forgeries -all of these crimes are among the forms of financial elder abuse perpetrated on older persons. California broadly defines what constitutes […]

ATTORNEY NEWSLETTER Physical And Financial Abuse Of The Same Victim Caregiver Arrested On Multiple Charges Theft And Reckless Endangerment Alleged Sadly, there are dishonest persons hired as in-home caregivers for the elderly who spend their time stealing from their patients instead of caring for them.  Incidents of caregiver abuse often […]

ATTORNEY NEWSLETTER Seniors Defrauded By Life Insurance Agents Case Examples Protecting Older Loved Ones Seniors may be victims of financial elder abuse from different directions – by caregivers, trustees, financial advisers, and life insurance agents, among others.  Obviously, all of these professions serve a useful purpose and the people who […]

ATTORNEY NEWSLETTER Powers Of Attorney Grant Broad Authority Self-Dealing And Other Fraud By Appointed Agents Remedies For Injured Seniors 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 for them arises […]