Feb 2, 2019 by |

Alameda County and California Financial Elder Abuse Attorneys: Financial Exploitation of Seniors in Alameda County

ATTORNEY NEWSLETTER

100% of Seniors at High Risk of Financial Elder Abuse

Criminals find seniors easy targets for financial elder abuse and theft. All seniors are at risk. While the elderly may be alert to well-publicized scams, financial elder abuse may often be slow and subtle and come from caregivers, insurance agents, financial advisors, or trustees, or, as one senior advocate put it, anybody “who’s very close physically or relationship wise.”  Whoever strikes, financial elder abuse can be devastating.  The Alameda County financial elder abuse lawyers at Evans Law Firm, Inc. represent clients harmed as the result of caregivers, trustees, agents under powers of attorney, insurance agents, advisors others who financially abuse elder clients.  If you or a senior loved one has been a victim of theft, undue influence, securities fraud, sold an inappropriate life insurance or annuity policy or harmed by any other form of financial elder abuse, contact our attorneys today at (415) 441-8669 and we can help. 

Senior advocates agree that the biggest danger for older people comes when they are isolated. They may be home bound or bed bound.  They’re not out in the larger community and just don’t have access to talk to others like they used to.  A stranger or caregiver can quickly exploit that isolation to take control of everything in the isolated senior’s life or get themselves named in the senior’s Will or trust.  An unscrupulous insurance agent can take advantage of the situation to sell some wildly inappropriate insurance product and pocket a big commission.  The senior may give someone a power of attorney that enables the agent to access bank accounts, retirement benefits or transfer property.  A “free lunch” seminar may end in some disastrous financial commitment.

All of these angles are incidences of financial elder abuse and the list of tactics could go on and on. Fortunately, California makes any wrongful taking of a senior’s property illegal.  Calif. Welf. & Inst. Code § 15610.30(a).  Our Alameda financial elder abuse attorneys handle financial elder abuse cases every day.  Our lawyers know what constitutes financial elder abuse and we know how to pursue the wrongdoers.  We know the legal standards of conduct expected of insurance agents, advisors and carriers and the disclosures they must make under California law.  California law provides restitution, extra damages, and awards of attorneys’ fees and costs incurred in bringing a successful action for financial elder abuse.  Our lawyers can help you get those remedies if you’ve been financially exploited.

Contact Us

If you are the victim of financial elder abuse by a caregiver, insurance agent, agent under a power of attorney or other indivdual, we at Evans Law Firm can help you. Contact Ingrid M. Evans and our other financial elder abuse and annuities attorneys at (415) 441-8669, or by email at <a href=”mailto:info@evanslaw.com”>info@evanslaw.com</a>. Our attorneys have experience with complex securities cases, arbitrations, and mediations; and complicated financial contracts and large insurance companies.  We can help guide your case through a jury trial or toward an equitable settlement.  We also handle cases involving physical and financial elder abuse, other types of qui tam and whistleblower cases, nursing home abuse, whole life insurance and universal life insurance, and indexed, variable, and fixed annuities.

 

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