ATTORNEY NEWSLETTER Prepare For Your Holiday Visits With Seniors We at Evans Law Firm wish you the best over the holiday season! Many of us visit elderly loved ones over the holidays.  It may be a once a year trip to see parents or other elderly loved ones who live […]

ATTORNEY NEWSLETTER Criminal and Civil Laws Against Financial Elder Abuse Financial elder abuse is a growing problem in Alameda County, throughout California, and across the country. The numbers are shocking and the toll on seniors and their families devastating. While likely underreported, financial elder abuse costs older Americans $36.5 billion annually […]

ATTORNEY NEWSLETTER Surrender Charges on Whole and Universal Life Insurance If you are over age 60, live in California, and have surrendered a whole or universal life insurance policy, you may have paid a surrender penalty. You may also have suffered a tax loss on the surrender.  The California Insurance […]

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 Tax Consequences of Surrenders Every year a sizeable percentage of cash value life insurance policies are surrendered by policyholders. Those surrenders may have tax consequences.  We represent policyholders who suffer tax losses as a result of surrenders and/or replacements they are talked into by agents and advisors.[1]  If […]

ATTORNEY NEWSLETTER Financial Elder Abuse Importance of Civil Recovery Actions Financial elder abuse takes billions of dollars every year from the pockets of American seniors and their families. Much of the abuse is criminal, outright theft; in other cases it is noncriminal financial exploitation.  If the abuse is criminal, always […]

ATTORNEY NEWSLETTER Fixed Indexed Annuities Sales Hit Records Fixed indexed annuities sold in record numbers in 2016 and are on track to have another big year in 2017. Agents push fixed indexed products as safe bets in volatile markets.  The San Francisco and California annuity attorneys at Evans Law Firm […]

ATTORNEY NEWSLETTER U.S. Securities and Exchange Commission Tips for Whistleblowers What the Securities Regulators Look For The Securities and Exchange Commission (SEC) needs your help in tracking down securities fraud. Whistleblowers bring useful information to the SEC that can lead to investigation and prosecution –  and a possible reward for […]

ATTORNEY NEWSLETTER  What Duty Does An Agent Owe You? Putting You First We at Evans Law Firm litigate the question of an insurance agent’s duty to his clients, particularly when it comes to life insurance and/or annuities. We have written on the subject in this column.  As life insurance and […]

ATTORNEY NEWSLETTER Beware Annuity Sales Hype Always Think About Taxes Incomplete information may be worse than none at all, particularly when it comes to annuities and taxes. Tax deferral is a key component of sound retirement planning.  Insurance agents push annuities as the best tool for that deferral.  There may […]