Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Three-Years Of Defrauding Elderly Dementia Sufferers Account Access And Unauthorized Charges Charges Money Spent On Cruises, Vacations and Plastic Surgery Whenever a caregiver or other stranger is in a senior’s home there is a very real danger of theft, whether the caregiver comes through an agency or is […]

ATTORNEY NEWSLETTER California AG Alleges $1.3 Million Fraud Charges Of Theft, Securities Fraud And Financial Elder Abuse Six Victims Of Fraudulent Scheme Largescale fraudulent investment schemes against elderly victims violate securities laws constitute financial elder abuse.  See Cal. Corp. Code §§ 25401, 25540 and 25541 (fraud in securities offerings; Penal […]

ATTORNEY NEWSLETTER Avoid High-Pressure Tactics And Quick Decisions Downsides Of IULs For Seniors Rising 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.  IULs, like […]

ATTORNEY NEWSLETTER Financial Elder Abuse Is A Crime Seniors At Risk Of Financial Elder Abuse From Caregivers And Others Five Ways To Spot And Stop Caregiver Fraud Whenever a caregiver or other stranger is in a senior’s home there is a very real danger of theft, whether the caregiver comes […]

ATTORNEY NEWSLETTER Changing A Principal’s Estate Plan For Personal Benefit Closing Longstanding Accounts Isolation And Removing Trusted Advisors Powers of Attorney (POAs) grant the agent broad powers over virtually all of a principal’s affairs.  POAs can cover financial matters and health matters.  The California Probate Code provides standard forms for […]

ATTORNEY NEWSLETTER Neighbor Held Himself Out As A “Caregiver” Judge Found Man Exploited Position Of Trust Isolated Victim From Those Who Could Help Seniors are vulnerable to financial elder abuse from any number of people: caregivers, persons with a Power of Attorney over the senior’s finances, insurance agents, investment advisors, […]

ATTORNEY NEWSLETTER Stealing From Principals Under Their Power Of Attorney Predator Revoked Family Member Appointment  Remedies For Power Of Attorney Misuse Different forms of Powers of Attorney (POAs) cover financial matters and health and medical needs.  The California Probate Code provides standard forms for both types of POAs.  See Cal. […]

ATTORNEY NEWSLETTER Financial Advisor Allegedly Stole From 73-Year-Old Client Advisor Made 60 Transfers From Client’s Account Defendant Cultivated Personal Relationship With Client Senior citizens are at risk from financial elder abuse from caregivers, strangers, and those who have direct access to their money like financial advisors or persons acting under […]

ATTORNEY NEWSLETTER 2022 Martin Luther King Holiday Using The Holiday To Help Seniors Building The Beloved Community           Our ultimate end must be the creation of the beloved community.             — The Rev. Dr. Martin Luther King Jr., April 15, 1960, in Raleigh, North Carolina The Martin Luther King Jr. […]

ATTORNEY NEWSLETTER Unsuitable Deferred Annuities For Seniors High-Pressure Sales Tactics Warning Signs For Consumers Annuity carriers pay commissions as high as 10 percent to insurance agents when they sell deferred annuities.  Agents in turn target seniors with these sales; sometime the pitch may be to convince a senior consumer to […]