Category: Elder Abuse Law

ATTORNEY NEWSLETTER  FINRA Cracking Down on Faulty Annuity Replacements Cracking Down on Exploitation The Financial Industry Regulatory Authority (FINRA) is looking closely at brokers who churn their clients’ variable annuities. Recently, FINRA announced it disciplinary measures against two brokers who churned client annuities.  The churns (ore replacements) resulted in heavy […]

Premiums Skyrocket… And You’re At A Disadvantage Long Term Care Insurance Long term care insurance premiums are skyrocketing, and therefore, it may not be the best choice. If you have had a recent premium payment increase and want us to review your policy at no cost, please give us a […]

Prudential Annuities: The Bad, The Bad, And The Bad Annuities Let’s face it: annuities are really insurance contracts masquerading as investments. So often, individuals regret buying annuities once they have. Why do they continue to be popular in the face of widespread disappointment in results? Partly because insurance companies and […]

Elder Abuse Prevention and Prosecution Act of 2017 Federal Legislation Protects Seniors Elder abuse is about to receive the full attention of Congress. A new bill entitled Elder Abuse Prevention and Prosecution Act of 2017 breezed through the Senate Judiciary Committee last week on its way to the Senate floor […]

ATTORNEY NEWSLETTER How to Protect Yourself and Your Loved Ones Against Financial Elder Abuse Financial Elder Abuse Financial elder abuse comes in many forms, whether the abuser is a financial adviser or insurance agent, caregiver, or even a neighbor, friend or family member. Sadly, the family member category has become […]

ATTORNEY NEWSLETTER Dementia “Sundowning” Patients Increasingly Vulnerable to Elder Abuse Sundowning It is a common understanding that seniors suffering from dementia and Alzheimer’s are more susceptible to elder abuse. Oftentimes, individuals, be it caregivers, insurance companies, financial advisors, or friends, take advantage of elders with memory loss diseases, as they […]

ATTORNEY NEWSLETTER Financial Institutions Now Have An Obligation To Stop Elder Abuse The Facts Every year on average a staggering $2.9 billion is taken from elders in financial abuse scams! In fact, many believe the economic toll may be much higher as cases are often never reported or perhaps never […]

ATTORNEY NEWSLETTER Why You Should Think Twice about Equity Indexed Universal Life Insurance Equity Indexed Universal Life Policies Chances are, if you haven’t already, you may well hear in 2017 from a life insurance agent selling indexed life insurance, whether you live in Marin County or not. That is, life […]

ATTORNEY NEWSLETTER Annuities: The Epitome of Bad Investments Annuities Well-known money manager Ken Fisher recently said with his trademark feistiness, “I hate annuities… and so should you.” He’s not just being cantankerous. His advice is really on the mark here: annuities may seem like attractive investments but, in reality, they’re […]

ATTORNEY NEWSLETTER The Complexities of Probate Code 21350 And Why It Is Now 21380 What is Probate Code 21350? California Probate Code 21350, introduced in 2010, prohibited caretakers of the elderly from receiving any gifts under their elderly patient’s will once the patient died. While the intent of the statute […]