ATTORNEY NEWSLETTER Keeping Retirement Savings for Yourself Avoid Deferred Annuities With Fees and Surrender Charges The closer you get to retiring the more you try and save for the future. While saving as much as you can is important, where you put those savings is equally important. Insurance agents, financial […]

ATTORNEY NEWSLETTER Caregivers and Physical and Financial Elder Abuse Caregiver abuse and fraud on the elderly are real risks for seniors requiring in-home or institutionalized care. Caregiver abuse may include physical and emotional abuse and financial elder abuse or fraud.  In a recent California case[1] of physical elder abuse by […]

ATTORNEY NEWSLETTER Preventing Financial Exploitation of Seniors Tips on What to Watch For Some $2.9 billion is taken from older Americans every year, with victims numbering in the millions. Older persons with Alzheimer’s or other cognitive impairment are especially at risk.  Recent data from Adult Protective Services in San Francisco […]

ATTORNEY NEWSLETTER Caregivers and Financial Elder Abuse Keep Valuables and Important Papers in a Safe Place Never Give Out Your Social Security Number Whenever a stranger is in an elderly person’s home, the senior’s identity, valuables, credit cards, bank accounts and important papers are all at risk. Unscrupulous caregivers strike […]

ATTORNEY NEWSLETTER FINRA Probes Compliance With Elder Abuse Rules The Financial Industry Regulatory Authority (FINRA) has announced it will soon start investigating broker compliance with new rules meant to protect elderly clients from financial elder abuse.[1]  The rules allow broker-dealers to place a hold on elderly clients’ account disbursements if they have […]

ATTORNEY NEWSLETTER California Care Home Owner Convicted of Death of Elderly Dementia Patient A California care home owner will spend time in jail for the death of a 65-year-old dementia patient struck and killed by a car when he wandered out of the care home where he lived.[1] During investigation […]

ATTORNEY NEWSLETTER Court-Appointed Fiduciaries Wield Great Power Potential for Abuse of Power Court-appointed conservators and other fiduciaries (such as guardians or trustees) wield enormous power over the dependent individuals and properties they are appointed to manage and protect. Court appointments supersede earlier Powers of Attorney, trustee nominations and the like […]

ATTORNEY NEWSLETTER Annuity Salesmen Target Seniors Avoid the “Free Lunch” Commission-driven insurance agents target seniors and retirement savers with all kinds of complicated annuities especially in volatile markets. There’s an inherent conflict in their sales pitch because what’s best for the agent isn’t necessarily what’s best for the consumer. One […]

ATTORNEY NEWSLETTER Internal Revenue Service Rewards Whistleblowers Whistleblower Award Base Increases Foreign Bank Account Reporting Requirements Tax season is here, the government has re-opened, and the Internal Revenue Service (IRS) is back to business. IRS business includes catching tax fraud and whistleblowers play a major role in enforcement and receive […]

ATTORNEY NEWSLETTER Preventing Financial Exploitation of Seniors Tips on What to Watch For Some $2.9 billion is taken from older Americans every year, with victims numbering in the millions. Older persons with Alzheimer’s or other cognitive impairment are especially at risk.  The Marin County and California financial elder abuse attorneys […]