Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Recent Arrest Of Unlicensed Care Home Operator Criminal Charges Of Theft From An Elder Protecting Seniors From Financial Elder Abuse Often, financial elder abuse by starts out relatively small. But if the individual stealing an elder’s funds, like a dishonest caregiver with access to a senior’s money for […]

ATTORNEY NEWSLETTER Disadvantages Of Deferred Annuities For Seniors Exiting Annuity Contracts Is Costly Sales Commissions, Fees, And Withdrawal Penalties Whenever an insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement. Indexed annuities, like most deferred […]

ATTORNEY NEWSLETTER Case Example Of Caregiver Fraud/Caregiver Theft Bank Noticed Suspicious Activity Protecting Older Loved Ones From Caregiver Fraud While all seniors are potential victims of financial elder abuse, those who are alone and under the care of an in-home caregiver are particularly at risk if the caregiver is a […]

ATTORNEY NEWSLETTER Broad Authority Under Powers Of Attorney Self-Dealing And Other Agent Fraud Remedies For Injured Seniors And Families 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 need for them arises […]

ATTORNEY NEWSLETTER Case Example Family Spots Suspicious Transactions Protecting Older Loved Ones From Caregiver Theft Whatever the “form” or frequency or size of caregiver fraud or theft or financial elder abuse, any taking of a senior’s property, or any assistance in that taking is a crime and grounds for civil […]

ATTORNEY NEWSLETTER Keeping Elderly Victims Overmedicated Part Of Financial Elder Abuse Plan Remedies For Injured Seniors Seniors may sometimes be the victims of financial abuse by persons very close to them like a second spouse, boyfriend or girlfriend or stepchild. The financial abuse can range from relatively small amounts of […]

ATTORNEY NEWSLETTER Seniors Should Avoid The Sales Hype Long-Term Annuities Are Costly To Exit Sales Commissions And Fees Diminish Returns Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in years to come.  The concept sounds simple enough but in […]

ATTORNEY NEWSLETTER Case Example Of Alleged Caregiver Fraud Family Discovered Suspicious Activity Steps For Preventing Caregiver Fraud Whatever the “form” or frequency or size of financial elder abuse, any taking of a senior’s property, or any assistance in that taking is a crime and grounds for civil liability of the […]

ATTORNEY NEWSLETTER Fraudulent Power Of Attorney Alleged Suspicious Activity Discovered By Family Protecting Seniors From Caregiver Fraud Seniors with in-home caregivers are at risk of fraud and theft if the individuals working in the home are dishonest. Caregiver fraud/caregiver theft is sadly a recurring form on financial elder abuse throughout […]

ATTORNEY NEWSLETTER Complex Insurance Contracts Fees And Unfavorable Interest Crediting Costly To Exit Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. The contracts are illiquid because during the so-called “surrender […]