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Category: Deferred Annuities

San Mateo County Annuities And Financial Elder Abuse Attorney: Disadvantages And Taxation Of Deferred Annuities

ATTORNEY NEWSLETTER Understanding The Disadvantages Of Annuities Tax Consequences Withdrawal Penalties And Taxation Evans Law Firm, Inc. recommends against deferred annuities for older consumers.  In the firm’s practice we have seen older consumers lose money as the result of high sales commissions, annual fees and rider fees; returns on premiums […]

Sep 30, 2021 - Annuities by |

Sonoma County Annuities And Financial Elder Abuse Attorney: Taking A Closer Look At Deferred Annuities

ATTORNEY NEWSLETTER Understand The Inherent Risks In Annuities Contracts Are Complicated And Expensive Withdrawals And Surrenders Are Costly Evans Law Firm, Inc. recommends against deferred annuities, including fixed indexed annuities, for older consumers based on what we have seen in our litigation experience: sales commissions and annual fees on these […]

Los Angeles Financial Elder Abuse Attorney: Important Consumer Warnings About Universal Life

ATTORNEY NEWSLETTER State Agency Warnings About Rising Premiums Risk Of Policy Lapses Low Rates Of Return Evans Law Firm, Inc. recommends against indexed universal life insurance and deferred annuities for senior consumers because both insurance products are expensive, complicated, and tie up invested money for long periods of time.  Typically, […]

Santa Cruz Financial Elder Abuse Attorney: Deferred Annuities Are Unsuitable Investments For Seniors

ATTORNEY NEWSLETTER Beware High-Pressure Sales Tactics Beware High Surrender Charges Beware Agents Urging You To Switch Annuities Insurance companies may offer commissions as high as 10 percent to agents who sell products like long-term deferred annuities to senior citizens. In this environment, consumers should arm themselves with information to protect […]

Aug 12, 2021 - Annuities by |

San Mateo County Annuity and Financial Elder Abuse Attorneys: The Risks And Dangers of Indexed Annuities For Seniors

ATTORNEY NEWSLETTER Not The Same As Index Fund Investments High Sales Commissions, Fees And Withdrawal Penalties Annuities Are Not Insure Investments Whenever an insurance agent approaches you with a deferred annuity, like an indexed annuity dig a little deeper to understand how these indexed annuities operate in real life. Indexed […]

Aug 9, 2021 - Annuities Fraud by |

Contra Costa County Annuity and Financial Elder Abuse Attorneys: Questionable Sales Tactics And Sales Of Unsuitable Annuities To Seniors

ATTORNEY NEWSLETTER Questionable Annuity Sales Tactics Targeting Seniors Sales Of Unsuitable Annuities To Seniors As Financial Elder Abuse Economic Loss From Exchange Or Replacement Transactions Insurance agents sell all insurance products for commissions.  Obviously, some forms of insurance, like health insurance and homeowner’s insurance are essential, but unsuitable insurance products […]

Napa Financial Elder Abuse Attorney: Real Economic Injury To Seniors In Deferred Annuities

ATTORNEY NEWSLETTER The Adverse Impact Of Certain Annuities Fees And Zero Returns In Rising Markets Penalties On Exiting Policies Annuities are complicated investments. Some bear complex qualities of both insurance and securities products. Annuities can be structured as deferred or immediate.  Deferred annuities can be variable or fixed, or a […]

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 […]

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