Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Understand The Costs And Downsides Deferred Annuities Are Insurance Policies Not Fund Investments Do Not Be Rushed Into A Sale When selling annuities to senior citizens, insurance agents may gloss over the fine print and leave out some important details about how annuities actually work. Our litigators recommend […]

ATTORNEY NEWSLETTER Understand The Drawbacks Annuities Are Insurance Policies Not Investments Do Not Be Rushed Into A Sale Insurance agents use market downturns like the one we saw in March to push fixed indexed annuities as a “safe” alternative for retirement savings. Don’t let an agent sell you anything until […]

ATTORNEY NEWSLETTER Cash, Checks, and Personal Information Caregivers Steal Property and Identity Preventing Caregiver Theft In-home caregivers have access to a senior’s cash, bank accounts, other valuables and perhaps worst of all confidential information that provides access to accounts or impersonation of a senior in financial matters. In one recently […]

ATTORNEY NEWSLETTER Cash, Checks, and Caregivers The Danger of Checking Accounts in Easy Reach Preventing Caregiver Theft In-home caregivers have access to a senior’s cash, bank accounts, important papers and other valuables if you don’t take precautions to prevent such access. Greedy caregivers strike quickly and one of their schemes […]

ATTORNEY NEWSLETTER Seniors Targets of Financial Elder Abuse If You’re a Victim, We Can Help Unscrupulous stockbrokers, insurance agents, financial advisors and retirement planners prey on seniors with “opportunities” of higher returns in a low-interest-rate environment. Be careful. Annuities or high-risk investments are unsuitable for seniors and can lead to […]

ATTORNEY NEWSLETTER Enhanced Remedies For Victims Include Attorneys’ Fees Awards Appellate Court Broadens Attorneys’ Fees Awards The California Elder Abuse and Dependent Adult Civil Protection Act, the “Elder Abuse Act,” protects elders against financial and other abuse “by providing enhanced remedies which encourage private, civil enforcement of laws against elder […]

ATTORNEY NEWSLETTER More And More Employers Selling Off Pension Obligations Insurance Carriers Buy Up Plans Putting Benefits At Risk COVID-19 has shattered the US economy and recovery may take decades according to some economists. For seniors and those approaching retirement the effect of the collapse on retirement savings and pension […]

ATTORNEY NEWSLETTER Isolated Seniors Are Prey To Greedy Caregivers The Effects Can Be Devastating Greedy caregivers who steal from their elderly patients will really stop at nothing once they get started. Often, the theft begins slowly with relatively small amounts of cash or unauthorized purchases. Almost inevitably, the theft escalates. […]

ATTORNEY NEWSLETTER Understand Returns, Costs, and Penalties Resist Hard Sell Tactics Especially “Free Lunch” Seminars! Our litigators recommend against annuities for any older consumers because commissions and fees are high, returns on your money are calculated to benefit the carrier not you, and the contracts tie up your money for […]

ATTORNEY NEWSLETTER World Elder Abuse Awareness Day 2020 Staying In Touch More Important Than Ever Elders Suffering From COVID-19 Today, June 15, is World Elder Abuse Awareness Day. Each year, World Elder Abuse Awareness Day reminds us of the shared values of elder justice and improving quality of life for […]