Category: Uncategorized

ATTORNEY NEWSLETTER A Consumer’s Guide to Understanding Financial Products It can be hard for anyone to navigate the complex market for financial products: life insurance, annuities, indices, stocks, bonds, hedge funds, Roths, IRAs, and many other esoteric options may seem like a good choice for investment when sold to you […]

ATTORNEY NEWSLETTER By Guest Blogger Shirley Krohn, Senior Assemblymember at California Senior Legislature This Can’t Happen to Me!…..Really? As an aging advocate, and a presenter of information to seniors on how they can protect themselves from financial fraud, I was not prepared for having this happen to me. But it […]

ATTORNEY NEWSLETTER The Costs and Risks of Nursing Home Care Paying for Low-Quality It’s well known that the cost of nursing home care can be ruinous to a family’s finances. Most families have trouble absorbing monthly residence fees that can approach $10,000, and it can drain an elders savings and […]

The False Claims Act (FCA) is a federal law that imposes liability on federal contractors who defraud governmental programs. The Government is usually the most appropriate to act against fraud, but the FCA includes a qui tam provision that allows people, called the relators or whistleblower, to file actions on […]

Why We Aren’t Fond of Annuities Annuities are something of an open discussion among financial planners and California fraud attorneys. While many believe that annuities have become a major vehicle for potential elder abuse and scam artists, others argue that they have redeeming qualities that can make them useful for […]

ATTORNEY NEWSLETTER The IRS Whistleblower Reward Increased in Fiscal 2016 The IRS announced that rewards paid to whistleblowers from October 1st, 2015 to September 30, 2016 will have a 6.8 percent deduction. There is a similar deduction from the award every year, typically taken to pay outstanding government debts, and […]

ATTORNEY NEWSLETTER The Indexed Universal Life Insurance policy is a recent invention, only coming into existence in the last decade or so. Traditional life insurance can be traced back for centuries, and is among the most regulated and carefully monitored financial product in existence. Considering that, what’s the advantage of […]

ATTORNEY NEWSLETTER Unbeknownst to many, September is Life Insurance Awareness month, as well as National Yoga Month, National Bourbon Heritage Month, National Papaya Month, and National Prostate Health Month. While the last four are all nationally recognized, the first is a marketing event put on by Life Happens, a non-profit […]

ATTORNEY NEWSLETTER The Nursing Home Reform Law prohibits discrimination based on a person’s Medicaid status or eligibility. Medicaid rates, however, are often much lower than those paid by Medicare and private insurance residents, which can lead to residents being treated as second-class citizens in a nursing home. Approximately two-thirds of […]

ATTORNEY NEWSLETTER Medicare and Medicaid programs differ in the way that they pay for nursing home care. It is important for nursing home residents and their loved ones to understand the coverage they have under their particular program. Medicare coverage functions like a health insurance policy, with either the beneficiary […]