Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Charged With Theft Over Eighteen-Month Period Family Member Noticed Unauthorized Activity Police Review Bank Surveillance Videos Crimes with caregivers preying on elderly victims is a national issue and a growing problem in California and here in San Francisco. Older victims lose more than $3 billion annually in scams […]

ATTORNEY NEWSLETTER Agents Target Seniors For Annuity Sales Beware Of Questionable Sales Tactics Questions To Ask And Red Flags For Consumers Evans Law Firm, Inc. recommends seniors avoid deferred annuities because deferred annuity contracts are expensive and complicated and tie up a senior’s money for years. If you are approached […]

ATTORNEY NEWSLETTER Cash And Jewelry Disappear From Elder’s Home Missing Jewelry Identified At Pawn Shop Two Caregivers Allegedly Worked Together In Stealing In-home caregivers usually work in shifts, particularly if an older or dependent adult needs round the clock care.  Unscrupulous caregivers working in shifts may work together in stealing […]

ATTORNEY NEWSLETTER Authorities Discover 1500 Unauthorized Transactions By Caregiver Withdrawals From Retirement, Checking And Savings Accounts Financial Abuse And Criminal Investigation Takes Heavy Toll On Couple Unscrupulous caregivers with access to a senior’s bank account information are in a position to make unauthorized transfers and withdrawals through online transactions, and […]

ATTORNEY NEWSLETTER What Are Deferred Annuities?  Why Are Deferred Annuities Bad For Seniors? Understand How Deferred Annuities Work  Deferred annuities are insurance contracts where the policyholder pays a premium to an insurance carrier now for income payments in the future.  Below, we explain in more detail how these complicated insurance […]

ATTORNEY NEWSLETTER Accusations Of Altered Checks  Victim’s Daughter Discovers Irregularities Defendant Faces Up To 15 Years In Prison In California a professional fiduciary that is licensed, bonded and insured is often a preferable choice when a senior needs help keeping up with finances and no trusted family member can do […]

ATTORNEY NEWSLETTER What is Elder Financial Abuse And Exploitation? Where Does Financial Elder Abuse Occur? Steps To Prevent Financial Elder Abuse And Recourse Financial exploitation in the elder population has been on the rise, with financial institutions reporting quadruple the number of such incidences over the last several years, according […]

ATTORNEY NEWSLETTER Financial Elder Abuse Is A Public Health Concern When Elder Financial Exploitation Occurs How To Prevent And Detect Caregiver Fraud The Centers for Disease Control and Prevention declared elder abuse a public health concern some years ago, citing a significant increase in cases of elder abuse detailing the […]

ATTORNEY NEWSLETTER Retirees And Those Near Retirement Targeted  Seminars And Other Questionable Sales Tactics Understand How Annuities Work  Insurers, brokers and agents direct annuity marketing toward those planning to retire soon, and recent retirees who have their retirement savings in 401ks or other employer=sponsored plans.  Every time, an agent sells […]

ATTORNEY NEWSLETTER Complex Policies Not Easily Understood Return Calculations Complicated  Surrender Penalties, Increased Premiums, And Policy Lapses Evans Law Firm, Inc. generally cautions against indexed universal life insurance (IULs) for senior consumers because IULs are expensive, complicated, and tie up invested money for long periods of time.  One observer put […]