Category: Financial Exploitation

ATTORNEY NEWSLETTER Common Signs of Financial Elder Abuse What You Can Do About It Elder abuse is currently on the rise, and elders are more vulnerable than ever to financial abuse wrought by caretakers, insurance agents, financial advisors, girlfriends or boyfriends of the senior, persons acting under a Power of […]

ATTORNEY NEWSLETTER Financial Elder Abuse Can Strike Any Senior Dementia Sufferers At High Risk Abuser Targets Dementia Patient’s Real Estate Caregivers, spouses, boyfriends or girlfriends, insurance agents, financial advisors, trustees, conservators, and persons acting pursuant to Powers of Attorney can all be financial predators. Complete strangers can be abusers too. […]

ATTORNEY NEWSLETTER Financial Elder Abuse Can Strike Any Senior Isolated Seniors Are Most At Risk Everyone of us is potentially a victim of financial fraud. A higher percentage of seniors suffer more incidents of financial abuse or fraud and the highest percentage of victims of financial exploitation is isolated seniors.  […]

ATTORNEY NEWSLETTER Cash, Credit Cards, and Caregivers The Danger of Cash and Credit Cards in Easy Reach Preventing Caregiver Theft In-home caregivers have access to a senior’s cash, jewelry, silver, ATM and credit cards, bank accounts and important papers unless you keep them out of reach. Greedy caregivers strike quickly […]

ATTORNEY NEWSLETTER What are Income Riders? Are They Worth The Annual Fee? Understanding the “Phantom Account” of an Income Rider Our lawyers recommend you avoid annuities and life insurance, especially if you are a senior. Also, be particularly wary when an agent tries to sell you policies with “enhanced” features […]

ATTORNEY NEWSLETTER Financial Elder Abuse Strikes Seniors Anywhere Care Facility Residents Vulnerable To Exploitation Preventing Abuse The risks of financial elder abuse by in-home caregivers is high. But seniors who live in assisted care facilities or nursing homes are vulnerable to financial elder abuse too. Staff members at these facilities […]

ATTORNEY NEWSLETTER Resist The Annuities Sales Pitch Sales Commissions And Annual Fees Erode Returns Bonds And Other Fixed Income Investments Carry No Penalties The lawyers at Evans Law Firm, Inc. recommend against annuities especially for seniors, because commissions, fees and surrender penalties reduce returns and make it expensive to get […]

ATTORNEY NEWSLETTER Avoid The Push Toward Annuities Insurance Agents and Banks Earn Commissions on Sales Annuities Impose Withdrawal Penalties And Hidden Fees Watch out if your banker, an insurance agent or financial advisor recommends you convert a maturing CD into an annuity. The lawyers at Evans Law Firm, Inc. recommend […]

ATTORNEY NEWSLETTER Avoid The Hype on Fixed Index Annuities Insurance Not Investment Fixed index annuities (FIAs) are sold by agents as “safe” market return products. Don’t buy it. Our lawyers recommend avoiding annuities of any kind, including fixed index annuities, especially for seniors. Fixed index annuities, like all annuities, are […]

ATTORNEY NEWSLETTER Banks File $5 Billion in Suspicious Activity Reports of Financial Elder Abuse in 2019 Financial Elder Abuse Can Strike Any Senior Reports of Suspicious Activity Up 300% Seniors in the City of San Francisco and throughout California are increasingly victims of financial elder abuse more than any other […]