Category: San Francisco Financial Elder Abuse

ATTORNEY NEWSLETTER Broad Authority Under Financial Powers of Authority How POA Authority Is Misused Remedies For Injured Seniors Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, and medical powers of attorney, known in California as an Advance Health Care Directives (AHCDs), grant authority over medical […]

ATTORNEY NEWSLETTER Expenses And Fees Exceed Mutual Fund And 401k Plan Charges Costly To Exit Due To Withdrawal Penalties Annuities Are Not Insured Like Bank Deposits Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies may tie up […]

ATTORNEY NEWSLETTER Guilty Plea To Theft From Elderly Couple Forgeries And Other Crimes Numerous 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 […]

ATTORNEY NEWSLETTER Home Health Aide For 90-Year-Old Arrested Allegedly Used Debit Cards For $26,000 In Unauthorized Purchases Victim’s Family Alerted Police Of Suspicious Card Activity Dishonest caregivers with access to credit cards and debit cards of their elderly patients may quickly use the cards for unauthorized purchases and withdrawals.  Greedy […]

ATTORNEY NEWSLETTER Elderly Victim Suffers From Lou Gehrig’s Disease Caregiver Accused Of Choking Victim Stolen Cash And Other Abuse Allegations Physical abuse or neglect of an elder is often coupled with financial abuse, as the allegations in one reported case, discussed below, reveal.  Greedy caregivers, intent on stealing a senior […]

ATTORNEY NEWSLETTER Altered Checks And Forgeries Alleged In Complaint Checks Bounced For Insufficient Funds Unauthorized Use Of Debit Card Alleged We cannot emphasize strongly enough how important it is to keep checks, ATM/Debit cards, and cash away from caregivers or other strangers who enter a senior’s home.  Nor can we […]

ATTORNEY NEWSLETTER Downsides To Indexed Annuities Surrender/Withdrawal Penalties, Commissions And Fees Participation Rates And Caps Whenever an insurance agent or financial advisor of any kind suggest an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Evans Law Firm, Inc. generally recommends against deferred annuities […]

ATTORNEY NEWSLETTER Direct Deposits Allegedly Redirected To Caregiver’s Account Changes Made By Online Access How To Prevent Financial Elder Abuse Whenever a dishonest caregiver gains access to confidential financial information of an elderly person, there is a risk that they will use that information to take as much money from […]

ATTORNEY NEWSLETTER How Seniors Are Financially Exploited Signs Of Financial Abuse Noticing Social, Physical And Behavioral Clues As we age, we may grow dependent on the help of others.  The process may be gradual or sudden (as after a stroke or accident).  Either way, increased dependence on others open up […]

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 […]