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Category: Elder Financial Abuse

Mar 25, 2024 - Annuities by |

Burlingame Annuity And Financial Elder Abuse Attorney: Why Deferred Annuities Are Not For Older Consumers

ATTORNEY NEWSLETTER Beware Aggressive Sales Tactics Long-Term Contracts Are Costly To Exit 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 fact deferred annuities, […]

Los Altos Financial Elder Abuse Attorney: Caregiver Fraud Against The Elderly

ATTORNEY NEWSLETTER Fraud On 94-Year-Old Victim Fraudulent Checks And Forgeries Protecting Older Loved Ones Older persons lose more than $3 billion annually as a result of financial elder abuse, according to FBI and National Institute of Justice statistics. The true figure is likely much, much higher as most financial elder […]

Palo Alto Financial Elder Abuse Attorney: Caregiver Financial Elder Abuse Of Care Facility Residents

ATTORNEY NEWSLETTER Facility Residents’ Credit Cards Used One Victim’s Family Notices Suspicious Charges $16,000 In Unauthorized Charges Whenever a dishonest caregiver or other stranger enters a senior’s home or nursing home room, credit and debit cards and ATM cards, checks and entire check registers, accessible cash, and jewelry or other […]

Woodside Financial Elder Abuse Attorneys: Financial Power Of Attorney Abuse

ATTORNEY NEWSLETTER How Dishonest Agents Use Powers Of Attorney To Steal Case Example Of Theft Civil Remedies For POA Abuse Powers of attorney are incredibly powerful legal instruments. The scope of the appointed attorney-in-fact’s powers is set by law and, unless specifically limited, extends to almost every form of financial […]

Atherton Financial Elder Abuse Attorney: Caregiver Fraud On The Elderly

ATTORNEY NEWSLETTER Falsified Timesheets And Excessive Payments Time Discrepancies Discovered By Family Protecting Seniors From Fraud California broadly defines what constitutes financial elder or dependent adult abuse: (a) “Financial abuse” of an elder or dependent adult occurs when a person or entity does any of the following: (1) Takes, secretes, appropriates, obtains, […]

Hillsborough Financial Elder Abuse Attorney: Caregiver Accused Of Stealing Elderly Woman’s Life Savings

ATTORNEY NEWSLETTER Caregiver Accused Of Stealing $10 Million From Victim Money Spent On Beach Home, New Cars And Cosmetic Surgery Victim In Assisted Care Facility Seniors who live in assisted care facilities are at risk of financial abuse by caregivers in much the same way as those seniors still living […]

Alameda County Financial Elder Abuse Attorney: Embezzlement Sentence For Nursing Home Business Manager

ATTORNEY NEWSLETTER 65 Unauthorized Checks Drawn On Resident Trust Funds  $73,521.68 In Restitution Ordered Six Months Jail Sentence Seniors in assisted care or skilled nursing facilities face the risk of financial elder abuse by dishonest staff members similar to the risks seniors living at home do from dishonest in-home caregivers.  […]

Santa Clara County Financial Elder And Dependent Adult Abuse Attorneys: Theft From Dependent Adult By Use Of Financial Power Of Attorney

ATTORNEY NEWSLETTER Alleged Theft By Attorney-in-Fact Dependent Adult Victim Unaware Of Fraud Money Used For Gambling, Hotels And A 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, the abuse of a […]

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