Monthly Archives: April 2018

According to Consumer Reports, elderly Americans lose around $30 billion each year because of financial abuse. This abuse can take many different forms, whether it is caregivers taking money from seniors improperly, insurance agents and financial advisors who sell inappropriate or unsuitable insurance policies or other investments to seniors, unscrupulous […]

ATTORNEY NEWSLETTER Forethought Variable Annuities California annuity attorneys at Evans Law Firm Inc. represent clients who have suffered losses on all types of annuity contracts, including variable and fixed indexed annuities. Forethought Life Insurance Company through Global Atlantic its underwriter and distributor issues variable and fixed indexed annuities under the […]

ATTORNEY NEWSLETTER Understanding Death Benefit Riders The Death Benefit Sales Pitch Chances are, if an agent has pitched you on an annuity, he or she promoted its “death benefit” as a selling point. According to the sales pitch, death benefits guarantee your heirs a return of your annuity premium (or […]

ATTORNEY NEWSLETTER What Are Powers of Attorney? A Power of Attorney (POA) is a very important legal document where the principal authorizes an agent to act on the principal’s behalf. The authority of the agent ends either when the principal revokes their authority, or on the death of the principal. […]

ATTORNEY NEWSLETTER False Claims Act Cases Against Healthcare Industry Government Announces Another Large Whistleblower Award Of the $3.7 billion in 2017 false claim settlements and judgments, $2.4 billion involved false claims from the healthcare industry. Typically, these false claims cases involved false claims for reimbursement, kickbacks, and other fraudulent schemes […]

ATTORNEY NEWSLETTER Long-Term Care Insurance Claims Long-Term Care Insurance has always been sold by agents to help you pay for care when, later in life, you are unable to take care of yourself. Insureds trusted the policies would cover the costs of assisted living care, skilled nursing facilities, and in-home […]

Financial abuse is very common among seniors, and it can cause substantial economic loss as well as emotional damage. A California financial elder abuse attorney should be consulted by those who are victimized by financial abuse. Unfortunately, far too many cases of elder abuse ever get reported. Seniors often cannot […]

ATTORNEY NEWSLETTER Creating and Amending Trusts Many Californians, especially seniors, create trusts to hold their assets. The trusts may be fully revocable by the individual creating the trust (known as the “settlor”) or irrevocable during the settlor’s lifetime.  If revocable, the settlor can change or amend the trust provided he […]

ATTORNEY NEWSLETTER Whole and Universal Life Insurance Whole and Universal (a mix of whole and term) life insurance policies are sold by agents as tax-deferred savings vehicles. Often the sales pitch to younger consumers is for retirement or education savings.  For seniors, the pitch includes retirement savings and death benefits […]

ATTORNEY NEWSLETTER Internal Revenue Service Whistleblower Awards The Internal Revenue Service (IRS) pays awards to people who provide specific and credible information to the IRS if the information results in the collection of taxes, penalties, interest or other amounts from the noncompliant taxpayer. For years, the IRS argued that fines […]