Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Caregiver Befriended Elderly Couple Relative Contacts Police About Suspicious Activity Fraudulent Loan And Unauthorized Purchases Alleged The elderly are potential victims of financial elder abuse in their own homes by dishonest, greedy caregivers or other strangers working for them.  Sometimes the theft is as straightforward as taking cash […]

ATTORNEY NEWSLETTER $300,000 Missing From Accounts Of Two Dementia Patients Residents Of Assisted Care Facility Bills Unpaid, Threatening Their Eviction Powers of Attorney (POAs) are incredibly important – and powerful – legal instruments.  Sometimes, they are absolutely essential when the principal needs their appointed agent to take over the principal’s […]

ATTORNEY NEWSLETTER Penalized When You Need Your Money Back No Control Over How Your Money Is Invested Commissions, Contract Fees And Caps On Returns Deferred annuities are long-term insurance contracts which require you to lose control over your investment, and some annuities may earn little to no interest.  If you […]

ATTORNEY NEWSLETTER Attorneys-in-Fact Have Broad Powers How That Power Is Abused Remedies For Senior Victims Financial powers of attorney (POAs) grant full authority over a person’s financial affairs. Medical powers of attorney, known in California as an Advance Health Care Directives (AHCDs), grant authority over medical decisions and health care […]

ATTORNEY NEWSLETTER Alleged Theft From Victim And His Foundation $287,000 Missing According To Authorities Small Checks At Beginning Access to any older person’s financial accounts seems to be an almost irresistible temptation for dishonest caregivers, particularly if the older person is suffering from dementia or so elderly that they are […]

ATTORNEY NEWSLETTER Caregiver Was “Friend” Who Started Assisting Senior Daily Used Senior’s Credit Cards To Run Errands Guardian Reports Suspicious Charges To Police Isolated seniors are the most vulnerable to financial abuse because they have no one to watch over their accounts and help them keep track of their money. […]

ATTORNEY NEWSLETTER Caregiver Had Senior’s Power Of Attorney And Stood To Inherit Estate Allegedly Laced Peanut Butter With Trazodone Police Find Drug-Laced Peanut Butter Financial elder abuse of seniors by dishonest in-home caregivers runs the gamut from petty theft to attempts to take everything the senior owns.  Common modes of […]

ATTORNEY NEWSLETTER Bank Teller Created False Counter Checks On Senior’s Account Embezzled Over $349,000 Relative Of Victim Discovers Fraud Seniors are at risk of financial elder abuse from all corners of their lives.  Dishonest in-home caregivers and nursing home aides, bookkeepers, insurance agents, trustees, brokers, strangers, contractors and, as a […]

ATTORNEY NEWSLETTER Three Months Of Alleged Theft By Attorney-in-Fact Principal Was In Mental Health Facility Money Allegedly Used For Gambling, Hotel Stays And New Car Misuse of Powers of Attorney (POAs) is always against the law.  Probate Code § 4231.5.  But when the principal is an elder or dependent adult, […]

ATTORNEY NEWSLETTER Sen. Bill Dodd (D-Napa) Introduces Bill For Greater Elder Protection More Responsibility On Banks To Protect Seniors From Abuse Sen. Bill Dodd, D-Napa, introduced legislation recently that would strengthen elder and dependent adult financial abuse protections by clarifying the duties of banks and financial institutions to safeguard against […]