Yearly Archives: 2023

ATTORNEY NEWSLETTER Long-Term Insurance Contracts Costly Surrenders Commissions, Fees, Participation Rates And Caps Deferred annuities are insurance contracts where the policyholder pays a premium to an insurance carrier now for income payments in the future. Sellers of deferred annuities include insurance agents, and all manner of financial advisors including advisors […]

ATTORNEY NEWSLETTER In-Home Caregiver Obtained POA Allegedly Stole $49,829 In Three Months Online Bank Transfers Financial powers of attorney (POAs) appoint designated persons to transact financial affairs on behalf of the person granting the power with full legal authority to do so.  The person appointed under the POA is called […]

ATTORNEY NEWSLETTER Unregistered Offering Promised Returns of 20-24% SEC Alleges Promoter Misappropriated 66% Of Funds Thousands Spent At Casinos And Liquor Stores The U.S. Securities and Exchange Commission (SEC) polices the financial markets to protect investors from fraud.  The SEC’s Retail Strategy Task Force has especially focused on fraud against […]

ATTORNEY NEWSLETTER Patients Found With Plastic Bags Over Their Heads Victims Were 75 And 88 Years Old Employee Arrested And Charged With The Murders While any story of intentional abuse of nursing home residents is heartbreaking, a particularly gruesome double homicide occurred in one care home recently, as discussed below.  […]

ATTORNEY NEWSLETTER Older Consumers Should Be Wary Of Deferred Annuities Loss Of Investment Control Surrender Penalties, Fees, Participation Rates, And Caps Evans Law Firm, Inc. generally recommends older consumers avoid deferred annuities because they are expensive and complicated and because these contracts tie up a senior’s money for years.  Whenever […]

ATTORNEY NEWSLETTER Caregiver Convicted Of Beating Patient Later Found Dead Camera Reportedly Catches Caregiver Striking Patient Faces Possible Nine-Year Prison Sentence Evans Law Firm, Inc. represents victims of physical and financial elder and dependent adult abuse.  Seniors and dependent adults living at home under the care of in-home caregivers and […]

ATTORNEY NEWSLETTER Former Vendor Will Receive $8.14 Million Reward Alleged Submission Of Untruthful Diagnostic Codes Fraud Allegedly Occurred Under Medicare Advantage Plan In Fiscal Year 2022, private citizens and businesses helped the government recover $1.9 billion in cases of fraud against the government. Those individuals and businesses helped the government recover this […]

ATTORNEY NEWSLETTER Surrender Charges If You Need Your Money Back Contract Fees And Caps On Returns Never Be Rushed Into A Sale Indexed annuities, like most deferred annuities, are long-term insurance contracts that promise to pay income in the future but impose penalties, known as surrender charges, if you need […]

ATTORNEY NEWSLETTER Physical And Financial Abuse May Go Hand-in-Hand Horrific Case Example Remedies For Elder Abuse Elderly patients may be victims of both physical abuse or neglect and financial elder abuse at the hands of the very caregivers they pay to protect them.  While there are many caregivers who work […]

ATTORNEY NEWSLETTER Powers Of Attorney Can Be Used to Steal From Principals Example Of Theft By POA Remedies For Financial POA Abuse Powers of attorney are incredibly powerful legal instruments. The scope of the appointed attorney-in-fact’s powers is set by law and, unless specifically limited, extends to almost every form […]