Category: Uncategorized

ATTORNEY NEWSLETTER Life Insurance Churning Millions of older Americans have whole life insurance policies with accumulated cash value. Typically, they were sold those policies when they were much younger as a tax deferred savings vehicle, passing the accumulation on to their children when they died.  Some insurance agents spot these […]

ATTORNEY NEWSLETTER Help For Heirs Left With a Decedent’s Mortgage Financial elder abuse takes many forms and comes from many different directions. It may be a mortgage forced on a vulnerable or unaware senior as part of an abusive scheme by a financial advisor, lender, or other party such as […]

ATTORNEY NEWSLETTER Long-Term Care Insurance Claims A recent study indicates that couples retiring this year will need $280,000 to cover health care and medical expenses over the course of their retirement. That amount excludes nursing home costs.  The increase reflects both rising health care costs and the fact that people […]

ATTORNEY NEWSLETTER The Dangers of Relying on Annuities as Retirement Savings Recent studies by the Economic Policy Institute and other economic thinktanks reveal that Americans are increasingly at risk of retiring broke. Studies indicate that 42 percent of Americans have less than $10,000 tucked away for retirement.  Retirement preparedness varies […]

ATTORNEY NEWSLETTER Financial Elder Abuse Recovery For Victims Financial elder abuse takes many forms and strikes seniors in Alameda County and throughout California every day. The Alameda County and California financial elder abuse attorneys at Evans Law Firm represent victims in civil actions against all manner of abusers: insurance agents, […]

ATTORNEY NEWSLETTER Understanding Indexed Annuities Insurance agents are seizing the volatile stock market and rising interest rates as selling points in pushing indexed annuities. Concern over market volatility is understandable but indexed annuities are not the answer.  The annuities lawyers at Evans Law Firm, Inc. recommend a very close look […]

ATTORNEY NEWSLETTER Financial Elder Abuse And Insurance Products Seventy percent of personal wealth in the U.S. is held by seniors, and the senior population is growing rapidly. Ten thousand Americans turn 65 years old every day, a pace that won’t slow down until around 2030. As one regulator put it, […]

ATTORNEY NEWSLETTER Financial Elder Abuse Comes From All Directions Financial elder abuse takes many forms and comes from many different directions. Thousands of seniors suffer injury at the hands of people they know; thousands more are victimized by strangers through phone and internet scams.  Elder victims lose their life savings, […]

ATTORNEY NEWSLETTER SEC Considers Allowing Arbitration Clauses in IPOs Investors Could Lose an Important Tool for Fighting Fraud The Securities and Exchange Commission (SEC) is considering a new regulation that would rob investors of an important tool for fighting against securities fraud. The regulation would allow corporations to include a […]

ATTORNEY NEWSLETTER SEC Charges Megachurch Pastor With Fraud Senior citizens are vulnerable to financial predators who are often the very persons seniors respect and trust the most. The Securities and Exchange Commission (SEC) recently charged a prominent national pastor and a financial planner with a fraudulent scheme targeting the elderly.[1]  […]