Category: Elder Financial Abuse

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 […]

ATTORNEY NEWSLETTER Case Example Of  94-Year-Old Victim Fraudulent Checks And Large “Gifts” Remedies For Seniors And Their Families 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 […]

ATTORNEY NEWSLETTER Long-Term Insurance Policies Are Complicated Penalties For Getting Your Money Back 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 […]