Marin County Annuity Fraud Attorney: Fiduciary Rule ATTORNEY NEWSLETTER Annuity Sales and the Fiduciary Rule The State of the Annuity Market Annuities have a history of being rock-solid investments. A life insurance company, with sizeable government-mandated cash reserves, would take your funds savings, invest them in treasury bonds, and pay […]

ATTORNEY NEWSLETTER When Hospitals Help and Hurt Residents The Continuum of Care Skilled nursing facilities, nursing homes, and continuing care residential communities (CCRCs) are designed to accommodate seniors at different points along what is euphemistically known as the “continuum of care”: namely, the progression of illness and disability that affects […]

ATTORNEY NEWSLETTER Signs of Caregiver Fraud and Tips for Prevention Caregiver Fraud Caregiver fraud may seem more like something you see on television or read in the news, but it does not become serious until it has happened to a loved one. Whether the amount lost is small or large, […]

ATTORNEY NEWSLETTER Brokers Move from Variable to Indexed Annuities Why the Variable Annuity is in Decline 2016 has been a rough year for many people, not least for sellers of variable annuities. Regulatory oversight, the new Department of Labor fiduciary rule, and market factors have led to a year that […]

Investment News reported recently about a substantial fine imposed on Valic Financial Advisors Inc.  (VFA).  VFA is owned by subsidiaries of American International Group, Inc., which is a major insurance provider selling life insurance and annuities, among other products. There are more than 1,350 financial advisers who work for VFA […]

Within the United States, seniors aged 65 and older control approximately $18 trillion in wealth, according to Barrons.  Unfortunately, managing all of this money can sometimes become challenging for older people, especially if they begin to experience dementia or other age-related cognitive and physical decline. While seniors should be able […]

The financial forensic auditor who uncovered the Barry Madoff Ponzi scheme is now sending up a new alert. According to Business Insider, this auditor is claiming that “fraud is endemic in the insurance industry.”  The auditor tried to convince the Securities and Exchange Commission to look into Madoff for nine […]

ATTORNEY NEWSLETTER Why You Should Reconsider Buying Whole Life Insurance Whole Life Insurance When it comes to life insurance, it is important to invest in the right one. But knowing which policies are best is not always easy to figure out. Oftentimes, people default to buying a whole life policy, […]

ATTORNEY NEWSLETTER Long Term Care Insurance and the Nursing Home Industry Why do people buy Long Term Care Insurance? On its surface, long term care insurance seems like a safe bet: everyone knows that elder care can be a nasty blow to a senior’s finances, and it makes sense to […]

ATTORNEY NEWSLETTER Regulation and the Nursing Home Industry How California Regulates Nursing Homes One increasing concern for seniors and their relatives is that they find a nursing home or CCRS that will not only fit their medical requirements and budget, but that also has a clean record from state regulators. […]