Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Complicated Insurance Contracts Penalties On Withdrawals Commissions, Fees, Participation Rates And Caps Deferred annuities are insurance contracts where the policyholder pays a premium to an insurance carrier now for income payments in the future. Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they […]

ATTORNEY NEWSLETTER Broad Authority Can Be Used To Take Money From Seniors Self-Dealing And Other Fraud By Appointed Agents Remedies For Injured Seniors Powers of attorney are extremely important estate planning tools for all of us as we age; it is helpful to have such arrangements in place before the […]

ATTORNEY NEWSLETTER Pension And Social Security Benefits Allegedly Stolen Benefit Profiles Changed Online Protecting Older Loved Ones Dishonest caregivers with internet access may gain access to a senior’s pension or Social Security benefit profiles with just a few pieces of important information like the senior’s date of birth and Social […]

ATTORNEY NEWSLETTER Pension And Social Security Benefits Allegedly Stolen Benefit Profiles Changed Online Protecting Older Loved Ones Dishonest caregivers with internet access may gain access to a senior’s pension or Social Security benefit profiles with just a few pieces of important information like the senior’s date of birth and Social […]

ATTORNEY NEWSLETTER Older Customers Targeted in Ponzi Scheme</h1> Severe Losses For Older Investors Warning Signs Of Investor Fraud Seniors are often targets of Ponzi schemes, where money collected from new investors is used to pay existing investors, and there really is no actual investment of funds. Like the infamous Bernie […]

ATTORNEY NEWSLETTER Case Example Of Caregiver Fraud <h1> 86-Year-Old Victim Protecting Older Loved Ones From Caregiver Fraud Never hand an ATM/debit card or credit card to a caregiver and ask them to go get cash or make purchases. Never give out any PIN numbers. Never give a caregiver or other […]

ATTORNEY NEWSLETTER Case Example Financial Elder Abuse By Opening Joint Accounts Protecting Seniors According to FBI and National Institute of Justice statistics, as many as one in 10 seniors are victims of financial elder abuse. Their financial predators are most often caregivers or other persons in close proximity to their […]

ATTORNEY NEWSLETTER Two Case Examples Financial Exploitation Of Older Parishioners Protecting Older Loved Ones While all seniors are potential victims of financial elder abuse, those who are alone are particularly at risk. Sometimes, the financial abuser is a stranger; like a new caregiver working in the senior’s home or a […]

ATTORNEY NEWSLETTER Broad Authority Given to POAs/Agents How That Authority Is Abused Remedies For Injured Seniors Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, and medical powers of attorney, known in California as an Advance Health Care Directives (AHCDs), grant authority over medical decisions and […]

ATTORNEY NEWSLETTER Complex Insurance Policies Penalties On Withdrawals Commissions, Annual Fees, Participation Rates And Caps Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Whenever a life insurance agent or […]