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 […]

Residential Care Ownership Suitability Law ATTORNEY NEWSLETTER This bill, which creates requirements to provide license to applicants who want to establish residential care for the elderly, was recently signed into law by California Governor Brown. All applicants must furnish a wide array of information about their ownership, the management, if […]

ATTORNEY NEWSLETTER The SEC wants to alert the individuals receiving compensation from insurance companies after natural disasters like hurricanes, floods, oil spills, and fires that they may be targets of investment fraud. This compensation gives rise to investment scams and takes many forms. There are the classic Ponzi schemes where […]

ATTORNEY NEWSLETTER The Nursing Home Reform Act was established by Congress to protect nursing home residents, especially their privacy, dignity and medical needs. It ensures they receive the care necessary for mental, physical and psychological well-being. The Nursing Home Reform Act ensures each resident will not be abused, receive improper […]

ATTORNEY NEWSLETTER A federal jury is currently deliberating if one of the nation’s premiere hospice providers, AseraCare, has fraudulently billed Medicare more than $7 million for 121 patients who were not on the verge of dying. This case is interesting for two reasons. The first reason is that it is […]

ATTORNEY NEWSLETTER In the wake of Governor Jerry Brown’s signing of the End of Life Option Act, California has become the sixth state in the US to allow physician assisted suicide. While the bill offers those in excruciating pain or discomfort the agency to end their own lives, some disability […]

ATTORNEY NEWSLETTER It’s tempting to see retirement saving as a viable way to get big returns off Wall St. investment, to provide a hefty sum for potential medical costs, caretaking, and passing on to the next generation of your family. But the cost of big returns is big risks, and […]

ATTORNEY NEWSLETTER An increasing number of seniors have been adding risky financial products to their retirement finances, guided by so-called “elder financial planners” and other shysters looking to make some money out of seniors’ life savings. One of their methods is to sell retirees a deferred annuity. The idea is […]

ATTORNEY NEWSLETTER Finra, the Financial Industry Regulatory Authority, has decided to give financial advisers the authority to circumvent rules on trade execution when they believe that an elderly client is being manipulated or financially abused. Till now, there was no way of stopping a transaction carried out by unscrupulous relatives […]

Today’s families are spread across the country from coast to coast and many children leave home to move to other cities and start families of their own. While this makes for great road trips and vacation destinations, it does present challenges for people whose parents are getting older and live […]