Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Fixed Index Annuities: The Biggest Sham of All Fixed Index Annuities Insurance carriers like to offer products such as fixed index annuities. However, these annuities are not always the proper decision for all potential buyers. If you or someone you know has been a victim of fixed index […]

ATTORNEY NEWSLETTER What Duty Does An Agent Owe You? Putting You First We at Evans Law Firm have for years litigated the question of an insurance agent’s duty to his clients, particularly when it comes to life insurance and/or annuities. We have written on the subject in this column. As […]

ATTORNEY NEWSLETTER The Terror of Financial Elder Abuse Financial Elder Abuse It is reported that an elder is abused every 5 seconds. Those numbers are nothing short of shocking, and we understand just how terrifying elder abuse can be, financial elder abuse included. We here at Evans Law Firm have […]

ATTORNEY NEWSLETTER What to Expect From Your Financial Advisor Rules Governing Investment Recommendations Every day financial advisors recommend all kinds of investments to American consumers. Recommendations come from stock brokers, insurance agents, bankers, financial planners, and investment advisors. Different government, industry and company rules govern these recommendations. Generally, one of […]

ATTORNEY NEWSLETTER Whole Life Insurance… And Why You Might Be Getting Ripped Off Whole Life Insurance Some kind of life insurance is a standard part of nearly every working American’s portfolio. You may have coverage at work or a term policy that you took out when you got married, a […]

ATTORNEY NEWSLETTER Understanding Death Benefit Riders The Death Benefit Sales Pitch Chances are, if an agent has pitched you on an annuity, he or she touted its “death benefit” as a major selling point. According to the sales pitch, death benefits guarantee your heirs a return of your annuity premium […]

ATTORNEY NEWSLETTER Life Insurance and Financial Elder Abuse For years seniors have included life insurance as a part of their estate plan. Sometimes the policies are held outright and sometimes in trust for tax planning reasons. As policy owners age, insurance brokers encourage cashing in older policies and replacing them […]

ATTORNEY NEWSLETTER Financial Elder Abuse Door to Door Fraud May Be Knocking at the Door Financial elder abuse plagues seniors throughout this country, the State of California and right here in San Francisco. One growing version of financial elder abuse involves perpetrators who come door to door or call on […]

ATTORNEY NEWSLETTER Unclaimed Property in Life Insurance Policy Usually, insurers do not have to research whether the insured passed away and give the payment to the beneficiary. But in the case of annuities, insurance companies routinely check the social security death database, and when one of their annuitants has died, […]

ATTORNEY NEWSLETTER New FINRA Rules aim to protect victims of Financial Elder Abuse FINRA, the Financial Industry Regulatory Authority, is planning to roll out a new set of rules aimed at curbing the financial abuse of elders, which has become an increasing problem in the last few decades. Theft, scams, […]