Category: California Financial Elder Abuse Attorney

ATTORNEY NEWSLETTER Beware the Hype Consumer Risks, Especially For Seniors Annuities Are Expensive, Complicated Insurance Products Based on years of litigation experience, our lawyers recommend consumers, especially senior consumers, avoid annuities or life insurance.  Insurance carriers, marketing groups and agents tend to reinvent the ways they sell these products over […]

ATTORNEY NEWSLETTER How Insurance Agents Financially Exploit Seniors California Insurance Department Detectives Arrests Unscrupulous insurance agents, financial advisors and trustees target vulnerable seniors for financial elder abuse. Sometimes law enforcement catches up with them fortunately. Recently, Detectives with the California Insurance Department arrested an insurance agent and a financial advisor […]

ATTORNEY NEWSLETTER Financial Powers of Attorney and the Elderly Potential for Misuse Financial elder abuse can strike seniors from various directions including from those whom the senior has trusted with a Power of Attorney (POA) over financial matters. A financial POA is a very important legal document where the principal […]

ATTORNEY NEWSLETTER Indexed And Fixed Indexed Annuities Are Complex And Expensive Consumer Risks, Especially For Seniors Beware Complicated New Products Our lawyers recommend consumers, especially senior consumers, avoid annuities or life insurance. The insurance industry targets older investors with high-commission products like indexed and fixed indexed annuities. Indexed and fixed […]

ATTORNEY NEWSLETTER California Law on Gifts to Care Custodians Tightening the Marriage Loophole for Gifts to Care Custodians California law presumes that gifts – made either during life or at death – by an elder or dependent adult to their care custodian[1] are the product of undue influence (a defined […]

ATTORNEY NEWSLETTER Deferred Annuities Are Complex and Expensive The Greatest Consumer Risk: Not Understanding What You’ve Been Sold Our lawyers recommend you always beware when an insurance agent tries to sell you annuities or life insurance, particularly if you’re a senior. Annuities are complicated insurance products with a lot of […]

ATTORNEY NEWSLETTER Increasing Reports Of Financial and Physical Elder Abuse and Neglect What You Should Do If You Suspect Elder Abuse Throughout the United States and here in Alameda County, elder abuse in every form, and most especially financial elder abuse, is on the rise. As the older population increases, […]

ATTORNEY NEWSLETTER  Ponzi Schemes Increasingly Target Older Investors Older people have more money to invest. After years of savings and with the children educated and on their own, seniors should take comfort in a nest egg for future years. But unscrupulous brokers, insurance agents and stock promoters target seniors for […]

ATTORNEY NEWSLETTER Indexed Annuities Are Complex and Expensive SEC Issues Bulletin Warning Consumers of Risks Our lawyers recommend you always beware when an insurance agent tries to sell you annuities or life insurance, particularly if you’re a senior. Annuities are complicated insurance products with a lot of red flags for […]

ATTORNEY NEWSLETTER Universal Life Insurance Pacific Life Policies Insurance agents and financial advisors often suggest California consumers purchase universal life insurance as a savings vehicle for the future, especially indexed universal life insurance (IULs). Our lawyers recommend against these costly, complicated policies, and advise you to be prepared when an […]