Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Intimidated And Threatened Victim For Money Victim Displaced Twice For Not Paying Rent Granddaughter Notifies Authorities Of Suspicious Financial Transactions Financial elder abuse of seniors by dishonest and greedy caregivers is one of the most pervasive forma of financial elder abuse.  Reports of caregiver fraud and abuse appear […]

ATTORNEY NEWSLETTER Aggressive Sales Tactics By Some Agents Always Review With Another Professional And Family Legal Protections For Senior Consumers Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Deferred […]

ATTORNEY NEWSLETTER Examples Of Insurance Agent Fraud And Financial Elder Abuse Many Seniors Among Victims Protecting Older Loved Ones Insurance agents and brokers serve as trusted advisors to their clients, ensuring that policyholders are adequately protected in the event of a loss.  However, on some occasions, unscrupulous agents abuse their […]

ATTORNEY NEWSLETTER Unauthorized Debit Card Use Alleged Victims’ Families Discover Irregularities Purchases And Withdrawals Reportedly Linked To Suspect  Seniors living in facilities are at risk of financial elder abuse from dishonest staff members in the same way that seniors still living at home may be financially exploited by dishonest in-home […]

ATTORNEY NEWSLETTER Caregiver Pleads Guilty To Theft From Elderly Couple Charged With Forgeries And Other Crimes Authorities Discover Numerous Unauthorized Online Transfers Seniors are vulnerable to financial elder abuse whenever a dishonest caregiver or other stranger enters their home for any period of time. When it occurs, this kind of […]

ATTORNEY NEWSLETTER Contracts Carry High Expenses And Fees Surrender Charges Make It Costly To Exit Risk Of Insurer Default Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies may tie up a senior’s money for years and impose […]

ATTORNEY NEWSLETTER Couple Uses Power Of Attorney To Steal Authorities Alleged $117,000 In Suspicious Transactions Unauthorized Purchases And Cash Withdrawals 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 […]

ATTORNEY NEWSLETTER All Seniors At Risk Of Financial Elder Abuse Protecting Seniors From Dishonest In-Home Caregivers Have A Plan And Stay Involved In Older Loved Ones’ Lives Older Americans and their families lose more than $3 billion annually as a result of financial elder abuse according to the National Institute […]

ATTORNEY NEWSLETTER Powers Of Attorney Grant Broad Authority Examples Of How That Authority Is Misused Legal Remedies For POA Misuse Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, and medical powers of attorney, known in California as an Advance Health Care Directives (AHCDs), grant authority […]

ATTORNEY NEWSLETTER Accountant And Financial Advisor To Elderly Alleged Misrepresentations Regarding “Safe Investments” Many Victims Lost Retirement Savings Any American can be a victim of investment fraud but older investors are particularly vulnerable to fraud.  Financial predators may target older investors with high-yield ventures, seizing on senior anxiety about the […]