Category: Uncategorized

ATTORNEY NEWSLETTER Be Wary of Annuity Sales Presentations Have you ever returned to your car in a shopping center parking lot to find a flyer on your windshield inviting you to a free lunch and estate planning seminar? Such tactics are often used by insurance agents to lure seniors especially […]

ATTORNEY NEWSLETTER Internal Revenue Service Whistleblower Awards The new tax season is almost upon us and tax cheats will have another opportunity to avoid taxes. Tax fraud ranges from cheating on a 1040 to massive tax avoidance schemes, often offshore, amounting to millions in unpaid taxes. The Internal Revenue Service […]

ATTORNEY NEWSLETTER Elder Abuse in San Francisco Financial elder abuse is a growing epidemic in this country and San Francisco is no exception. Every day in our city the elderly are exploited financially, most often by persons they know.  Nationally, financial elder abuse costs elderly Americans over $30 billion a […]

ATTORNEY NEWSLETTER Understanding Annuities Tying Up Savings and Hidden Costs Annuities are insurance contracts sold to provide guaranteed income for life. Deferred annuities defer that income (and possibly taxes) until a future date. Insurance agents and advisors promote annuities as retirement savings vehicles. We at Evans Law Firm represent clients, […]

ATTORNEY NEWSLETTER Problems with Annuities as Savings Vehicles Are Fixed or Variable Annuities Right for You? Insurance salesmen pitch fixed and variable annuities as savings mechanisms for retirement or other long-term goals such as college education savings. Retirement savings or a child’s college account are the last places customers want […]

ATTORNEY NEWSLETTER Understanding Death Benefit Riders The Death Benefit Sales Pitch Chances are, if an agent has pitched you on an annuity, he or she touted its “death benefit” as a major selling point. According to the sales pitch, death benefits guarantee your heirs a return of your annuity premium […]

ATTORNEY NEWSLETTER What If I Bought An Annuity I No Longer Want? What happens when you want to get out of an annuity you bought? You can ask to surrender it. But surrenders may be costly.  If you have owned the annuity for less than ten years or so, you […]

ATTORNEY NEWSLETTER Federal Government Moves Against Elder Abuse The federal government is taking new steps against the epidemic of elder abuse in this country. President Trump recently signed into law the Elder Abuse Prevention and Prosecution Act which establishes new requirements for the Department of Justice (DOJ) to investigate and […]

ATTORNEY NEWSLETTER Elder Abuse: The Ugly Facts Elder Abuse Physical elder abuse can be so horrific that is a difficult subject to face. But it happens, right here in San Mateo County.  A recent story depicted the physical and sexual abuse a caregiver inflicted on a senior here in our […]

ATTORNEY NEWSLETTER Annuity Scams Targeted At Seniors Annuity Fraud Seniors can often fall victim to financial elder abuse and scams; on average, this can cost an elder $140,500. This number, while certainly shocking, also exemplifies just how far someone is willing to go for their own gain. Some of this […]