Category: San Francisco Financial Elder Abuse

ATTORNEY NEWSLETTER Understanding How Deferred Annuities Work Surrender Penalties A Big Downside For Seniors Commissions, Fees, Participation Rates And Caps Deferred annuities are insurance contracts where the policyholder pays a premium to an insurance carrier now for income payments in the future.  Evans Law Firm, Inc. generally recommends against deferred […]

ATTORNEY NEWSLETTER Alleged Misuse Of Power Of Attorney Of Elderly And Disabled Persons Authorities Believe $3.5 Million Stolen 96-Year-Old Victim Nearly Evicted From Nursing Home For Non-Payment Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, and medical powers of attorney, known in California as an […]

ATTORNEY NEWSLETTER Family Believes Over $2.5 Million Stolen  Owner’s Social Security Benefits Allegedly Taken Bookkeeper Worked For Family For 25 Years So many times we read that financial elder abuse is perpetrated on a senior by someone, like a caregiver, who is new to the life of the elderly person.  […]

ATTORNEY NEWSLETTER 90 Criminal Counts In Arresting Warrant Accused Of Stealing From Victim And His Foundation Allegedly Started With Small Checks Access to any older person’s financial accounts seems to be an almost irresistible temptation for dishonest caregivers, particularly if the older person is suffering from dementia or so elderly […]

ATTORNEY NEWSLETTER Downsides For Seniors Surrender/Withdrawal Penalties Fees, Participation Rates And Caps Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Whenever an insurance agent or financial advisor of any […]

ATTORNEY NEWSLETTER Disabled Man Lost $52,000 Attempted To Take His Own Life After Loss Victim Gave Caregiver Debit Card And PIN Dishonest caregivers may prey upon a senior or dependent adult’s sympathies in order to take financial advantage of them.  In a recently reported case, discussed below, a caregiver allegedly […]

ATTORNEY NEWSLETTER Caregiver Caught After Evading Arrest Charges Range From Forgery To Unauthorized Credit Card Use Allegedly Stole $22,000 From One Wheelchair Bound Patient We cannot emphasize enough that a thorough background check and getting and checking references are two of most important steps an elderly person’s family can take […]

ATTORNEY NEWSLETTER Deferred Annuities Are Complex And Expensive Insurance Policies Policy Features Limit Your Upside Fees And Expenses May Be High Evans Law Firm, Inc. generally recommends against certain types of deferred annuities, including fixed indexed annuities, for older consumers based on what we have seen in our litigation experience: […]

ATTORNEY NEWSLETTER Housekeeper Arrested For Jewelry Theft Elderly Victim Used Online Service To Hire Multiple Pieces Of Jewelry Missing In Four Days Anytime a dishonest stranger enters a senior’s home, there is a real danger that things will go missing – cash, checks, credit and ATM cards, jewelry, and other […]

ATTORNEY NEWSLETTER Long Term Contracts With Surrender Penalties Loss Of Investment Control High Fees And Low Returns Fixed indexed annuities (FIAs) and other deferred annuities are long-term, complex insurance policies which require you to lose control over your investment.  Seniors and those close to retirement are often targeted by insurance […]