Category: San Francisco Financial Elder Abuse

ATTORNEY NEWSLETTER Policies Carry High Expenses And Fees Withdrawal Penalties Lock You In Investment Risk Is Not Insured Against 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 […]

ATTORNEY NEWSLETTER Theft From Elderly Couple Caregiver Pleads To Forgeries And Other Crimes Unauthorized Online Transfers Many caregivers are hardworking, compassionate people who truly care for the older persons they take care of.  But the reality is that they are also dishonest, greedy, and manipulative individuals acting as caregivers as […]

ATTORNEY NEWSLETTER How Powers Of Attorney Used To Steal From Seniors Case Example of Theft of Senior’s Benefit Payments Remedies For Victim’s Heirs Individuals with financial powers of attorney (POAs) for someone else have full legal authority over that person’s financial affairs, unless the instrument limits their power in some […]

ATTORNEY NEWSLETTER Caregiver Fraud And Theft Alleged Authorities Say Caregiver Had Prior Criminal History Fraud Detected After Elder’s Death Financial elder abuse has become a national epidemic. As many as one in 10 vulnerable adults are potential targets, according to federal officials, and their financial predators are most often caregivers […]

ATTORNEY NEWSLETTER Victim’s Pension and Social Security Benefits Redirected Online Access To Change Deposit Instructions Protecting Loved Ones From Financial Elder Abuse Anonymous online access to pension or Social Security benefit profiles or phone impersonations of seniors are frequent ploys by caregivers intent on stealing from unsuspecting older persons. Whenever […]

ATTORNEY NEWSLETTER Over $1 Million Taken Fraudulent Checks And Phony “Gifts” Remedies For Seniors And Their Heirs Older persons lose more than $3 billion annually as a result of financial elder abuse, according to FBI and National Institute of Justice statistics. The true figure is likely much, much higher as […]

ATTORNEY NEWSLETTER 81-Year-Old Victim Victim Entrusted Caregiver To Pay His Bills Authorities Allege Caregiver Stole Thousands The consequences of financial elder abuse on senior victims can be devastating.  Some elderly victims are driven to the brink of homelessness due to lack of funds to pay their rent.  There are instances […]

ATTORNEY NEWSLETTER Deferred Annuities Pose Problems For Seniors Penalties For Exiting From Policies Fees, Participation Rates And Caps Whenever an insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Indexed annuities, like most deferred annuities, […]

ATTORNEY NEWSLETTER $2 Million Missing From Seniors’ Accounts Promises Of High Returns Enticed Older Investors Money Transferred To Advisor’s Personal Accounts Evans Law Firm, Inc. represents seniors themselves who are victims of financial elder abuse and the children or other family of deceased seniors who have been financially exploited.  Often […]

ATTORNEY NEWSLETTER Cross-Selling of Reverse Mortgages and Annuities Illegal Beware of Pressure Tactics Remedies For Injured Seniors Bay Area seniors are often approached to take out reverse mortgages on their homes.  Often, these individuals have substantial equity and significant appreciation in home value but reduced income following retirement (you have […]