Category: Elder Financial Abuse

ATTORNEY NEWSLETTER How Agents Steal From Seniors By POA Case Example Of Large Theft By POA Legal Consequences For Agent Financial powers of attorney (POAs) grant full legal authority over a person’s financial affairs, unless the POA expressly limits the appointed agent’s power in some way.  The scope of the […]

ATTORNEY NEWSLETTER Financial Elder Abuse Is Rising Dramatically How To Protect Senior Loved Ones Remedies For Financial Elder Abuse Seniors at every economic level, rich or poor, married or single, male or female, straight or LGBTQIA+ are potential victims of financial elder abuse.  Financial abuse of older Americans has grown […]

ATTORNEY NEWSLETTER Elderly Victim Suffers Financial And Physical Abuse Caregiver Accused Of Assaulting Elderly Patient Protecting Older Loved Ones Physical abuse or neglect of an elder is often coupled with financial abuse, as the allegations in one reported case, discussed below, reveal.  Greedy caregivers, intent on stealing a senior or […]

ATTORNEY NEWSLETTER Many Forms Of Elder Abuse What To Look For Keeping Older Loved Ones Safe The National Council on Aging says up to five million older Americans are abused yearly, and the annual loss by victims of financial elder abuse is estimated to be at least $36.5 billion. Elder abuse can […]

ATTORNEY NEWSLETTER Disadvantages Of Deferred Annuities For Seniors Expensive To Get Out Of Contract Administration Fees, Participation Rates And Caps Whenever an insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Indexed annuities, like most […]

ATTORNEY NEWSLETTER Allegations Of Stolen And Forged Checks Bank Contacted Victim’s Family With Suspicions How To Help Protect Older Loved Ones While all seniors are potential victims of financial elder abuse, those who are alone and under the care of an in-home caregiver are particularly at risk if the caregiver […]

ATTORNEY NEWSLETTER Complicated And Expensive Contracts Costly to Exit  Investments Are Not Insured 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 significant penalties if you need your […]

ATTORNEY NEWSLETTER 88-Year-Old Victim Of Alleged Fraud Forged Checks And Unauthorized Card Use Alleged May Be Additional Victims Of Same Suspect We cannot emphasize strongly enough how important it is to keep checks, ATM/Debit cards, and cash away from caregivers or other strangers who enter a senior’s home.  Nor can […]

ATTORNEY NEWSLETTER The Many Forms Of Elder Abuse Spotting Signs Of Possible Abuse Steps For Keeping Older Loved Ones Safe Up to five million older Americans are abused yearly, and the annual loss by victims of financial elder abuse is estimated to be at least $36.5 billion, according to the […]

ATTORNEY NEWSLETTER Re-Directed Pension And Social Security Benefits Caregiver Allegedly Accessed Benefit Profiles Online Protecting Older Loved Ones From Financial Elder Abuse Dishonest caregivers with internet access may gain access to a senior’s pension or Social Security benefit profiles with just a few pieces of important information like the senior’s […]