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Category: Annuities Fraud

Jul 23, 2021 - Annuities by |

San Francisco And Santa Clara County Financial Elder Abuse Attorney: Senior Consumers And Fixed Indexed Annuities

ATTORNEY NEWSLETTER Looking Through The Sales Hype Fixed Indexed Annuities Are Costly And Complex Replacing Existing Policies Can Be A Big Mistake Agents sell fixed indexed annuities as a “safe” investment in times of market volatility.  Evans Law Firm, Inc. recommends against deferred annuities, including fixed indexed annuities, for older […]

Jul 14, 2021 - Annuities by |

San Francisco and Alameda County Annuity And Financial Elder Abuse Attorneys: Why Deferred Annuities Are A Bad Idea For Seniors

ATTORNEY NEWSLETTER Resist Fear Tactics Used To Sell Annuities Sales Commissions Drive The Annuity Industry Consider Other Tax-Deferred Strategies Deferring taxes on retirement savings is a key part of any retirements planning. Tax deferrals can be achieved through direct investment of IRAs or 401ks in mutual funds or ETFs. We […]

Jun 1, 2021 - Annuities by |

Los Angeles Financial Elder Abuse Attorney: Misconceptions About Annuities

ATTORNEY NEWSLETTER Dangers For Seniors Questionable Sales Tactics And Inadequate Disclosures Replacement Transactions Can Be Costly Financial elder abuse includes the sale to seniors of unsuitable insurance products.  These unsuitable insurance products include deferred annuities, complex contracts with high fees and significant penalties, known as surrender charges, if you need […]

May 18, 2021 - Annuities Fraud by |

Napa County and California Financial Elder Abuse Attorneys: Insurance Products And Recurring Sales Practices That Defraud Seniors

ATTORNEY NEWSLETTER SEC Alert: Stories From The Front Line Major Red Flag: Spectacular Returns and “Guarantees” Seek Help If You Have Been Defrauded One significant forms of financial elder abuse is the sale to seniors of unsuitable insurance products.  These products, such as deferred annuities and some unsuitable life insurance […]

Mar 26, 2021 - Annuities by |

Santa Clara County Financial Elder Abuse Attorney: What Senior Consumers Need To Know About Indexed Annuities

ATTORNEY NEWSLETTER Reading Between The Lines On Complex Contracts Return Calculations, Caps, Fees, And Penalties Research Before You Buy The Santa Clara financial elder abuse attorneys at Evans Law Firm, Inc. advise against deferred annuities for senior consumers because our litigators have seen too many older persons economically harmed by […]

Feb 24, 2021 - Annuities Fraud by |

Marin County and California Annuity and Financial Elder Abuse Attorneys: Beware High-Pressure Sales Tactics For Deferred Annuities

ATTORNEY NEWSLETTER Free Lunch Seminars and Ads Push “Financial Strategies” If It Sounds Too Good To Be True, It Usually Is Take Your Time and Do Your Homework Older adults are too often the targets of annuity salespeople intent on earning a sales commission.  Sales tactics include free lunch or […]

Feb 17, 2021 - Annuities by |

Orange County and California Annuity and Financial Elder Abuse Attorneys: Deferred Annuities Are Unsuitable Investments For Seniors

ATTORNEY NEWSLETTER Complicated Deferred Annuities Unsuitable For Seniors Beware of High-Pressured Sales Tactics Like “Estate Planning Seminars” “Bonuses” Are Marketing Gimmicks Insurance companies offer sales commissions as high as 10 percent to insurance agents who sell products like long-term deferred annuities to senior citizens.  In our current economic environment, agents […]

Nov 9, 2020 - Annuities by |

California Annuity Attorney: Fraud In Structured Settlements

ATTORNEY NEWSLETTER Financial Advisor Embezzles $8 Million From Structured Settlement Funds Thirteen Individuals Swindled Out Of Annuity Funds Severely Disabled Child Among Victims Structured settlements operate essentially like annuities paying out an income stream from a fund of money set aside for that purpose.  Structured settlements are often  used for […]

Nov 14, 2019 - Annuities by |

San Francisco and California Annuity and Financial Elder Abuse Attorneys: Retirement Plans and Annuities

ATTORNEY NEWSLETTER Regulators Take Closer Look Investigating Annuity Sales Practices Our litigators recommend against annuities because commissions, fees and surrender penalties reduce returns and make it expensive to get your money out if you need it. Agents may pitch you on an annuity for your retirement plan. We advise against […]

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