Category: San Francisco Financial Elder Abuse

ATTORNEY NEWSLETTER Accusations Of Altered Checks  Victim’s Daughter Discovers Irregularities Defendant Faces Up To 15 Years In Prison In California a professional fiduciary that is licensed, bonded and insured is often a preferable choice when a senior needs help keeping up with finances and no trusted family member can do […]

ATTORNEY NEWSLETTER What is Elder Financial Abuse And Exploitation? Where Does Financial Elder Abuse Occur? Steps To Prevent Financial Elder Abuse And Recourse Financial exploitation in the elder population has been on the rise, with financial institutions reporting quadruple the number of such incidences over the last several years, according […]

ATTORNEY NEWSLETTER Financial Elder Abuse Is A Public Health Concern When Elder Financial Exploitation Occurs How To Prevent And Detect Caregiver Fraud The Centers for Disease Control and Prevention declared elder abuse a public health concern some years ago, citing a significant increase in cases of elder abuse detailing the […]

ATTORNEY NEWSLETTER Retirees And Those Near Retirement Targeted  Seminars And Other Questionable Sales Tactics Understand How Annuities Work  Insurers, brokers and agents direct annuity marketing toward those planning to retire soon, and recent retirees who have their retirement savings in 401ks or other employer=sponsored plans.  Every time, an agent sells […]

ATTORNEY NEWSLETTER Complex Policies Not Easily Understood Return Calculations Complicated  Surrender Penalties, Increased Premiums, And Policy Lapses Evans Law Firm, Inc. generally cautions against indexed universal life insurance (IULs) for senior consumers because IULs are expensive, complicated, and tie up invested money for long periods of time.  One observer put […]

ATTORNEY NEWSLETTER Typical Victim Profiles Typical Financial Predator Profiles Recourse For Victims And Their Families Our health care system allows many people to live well into their 80’s and 90’s in the modern age.  But this same longevity can cause those living longer to rely on others for help in […]

ATTORNEY NEWSLETTER Caregiver Marries Dementia Sufferer Misappropriates Up To $300,000 Of Funds Changes To Property Deed And Will California law presumes that gifts – made either during life or at death – by an elder or dependent adult to their care custodian[1] are the product of undue influence (a defined […]

ATTORNEY NEWSLETTER Defendant Allegedly Ran Scheme For Ten Years $32 Million In Losses To Elderly Investors Charges Of Financial Elder Abuse, Forgeries, And Theft Financial elder abuse can be limited to isolated transactions exploiting the elderly or can be a largescale fraud striking numerous elderly victims.  Seniors are often targets […]

ATTORNEY NEWSLETTER Caregiver Allegedly Stole From 95-Year-Old Patient Accused Of Cashing Forged Checks Bank Employee Reports Suspicious Activity Whenever a caregiver or other stranger is in a senior’s home there is a very real danger of theft, whether the caregiver comes through an agency or is a direct hire. The […]

ATTORNEY NEWSLETTER Used Joint Account To Steal Advisor Transferred Money To Joint Account 60 Withdrawals For Advisor’s Benefit Totaling $668,000 Caregivers, financial advisors and others often cultivate a personal relationship with a senior deliberately in order to take advantage of the closeness and the sense of dependence and trust such […]