Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Pitfalls For Older Consumers Complicated, Expensive And Illiquid Contracts Limits On Returns Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency, and are illiquid (meaning it is costly to get your money […]

ATTORNEY NEWSLETTER 86-Year-Old Victim Forged And Altered Checks Alleged Fraud Allegedly Caused Account To Be Overdrawn Never hand an ATM/debit card or credit card to a caregiver and ask them to go get cash or make purchases.  Never give out any PIN numbers. Never give a caregiver or other person […]

ATTORNEY NEWSLETTER Financial Elder Abuse Increasingly Prevalent Ways To Protect Senior Loved Ones And Friends 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.  We all have a role to play in putting a […]

ATTORNEY NEWSLETTER Five Years Of Forged And Altered Checks Alleged  Caregiver’s Prior Criminal Record $1 Million Missing From Victim’s Trust According to FBI and National Institute of Justice statistics, as many as one in 10 seniors are victims of financial elder abuse, and their financial predators are most often caregivers […]

ATTORNEY NEWSLETTER Resolutions For The New Year Best Wishes For A Healthy And Safe New Year The attorneys at Evans Law Firm, Inc. wish everyone the best for 2024.  At Evans Law Firm, Inc. we fight for the rights of individuals, especially the elderly, against unfair or illegal treatment and […]

ATTORNEY NEWSLETTER How Financial Powers Of Attorney Are Abused Case Examples Remedies For Power Of Attorney Abuse 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 over medical decisions […]

ATTORNEY NEWSLETTER Check Fraud Alleged Caregiver Sentenced Following Guilty Plea Civil Remedies For Injured Seniors All seniors are potential victims of financial elder abuse but those who live alone are particularly vulnerable especially after they may have lost a longtime spouse or partner.  None of us, and especially isolated seniors, […]

ATTORNEY NEWSLETTER Complex Contracts With High Fees  Withdrawal Penalties For Getting Your Money Back Lack Of Transparency On Interest Crediting And Other Features Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are […]

ATTORNEY NEWSLETTER Elderly Couple Defrauded By In-Home Caregiver Forgeries And Other Crimes Unauthorized Online Transfers From Couple’s Bank Accounts Any senior is vulnerable to financial elder abuse.  The risk is much greater whenever a dishonest caregiver or other stranger enters an isolated senior’s home for any period of time. Caregiver […]

ATTORNEY NEWSLETTER Income Riders Are Costly Income Rider Benefits Are Rarely Realized Other Deferred Annuity Downsides For Older Consumers Life insurance agents often encourage older consumers to purchase lifetime “income riders” for deferred annuity contracts.  These “riders” are attachments to the policy and an annual additional fee is charged by […]