Category: Evans Law Firm

ATTORNEY NEWSLETTER Seniors Should Avoid The Sales Hype Long-Term Annuities Are Costly To Exit Sales 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 […]

ATTORNEY NEWSLETTER Falsified Timesheets And Excessive Payments Time Discrepancies Discovered By Family Protecting Seniors From Caregiver Fraud Seniors with in-home caregivers are at risk of fraud and theft if the individuals working in the home are dishonest.  Caregiver fraud/caregiver theft is sadly a recurring form on financial elder abuse throughout […]

ATTORNEY NEWSLETTER Broad Authority Over All Financial Matters Risk Of Theft Remedies For Injured Seniors Powers of Attorney (POAs) are important and powerful legal documents that grant the agent appointed under the POA full legal authority to act for the principal who executes the POA.  There are powers of attorney […]

ATTORNEY NEWSLETTER Unauthorized Credit Card Use Victim’s Family Spots Suspicious Charges Protecting Older Loved Ones From Financial Elder Abuse Stealing a senior’s debit or credit cards and making unauthorized charges are a common form of financial elder abuse.  Whenever a dishonest caregiver or other stranger enters a senior’s home or […]

ATTORNEY NEWSLETTER Money Missing From Elder’s Accounts Allegedly Phony “Gifts” Remedies For Seniors 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 as most financial elder abuse […]

ATTORNEY NEWSLETTER Deferred Annuities Are Not For Seniors Costly, Complex Contracts  Withdrawals Penalties, Commissions And Fees 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 annuities, like […]

ATTORNEY NEWSLETTER Powers Of Attorney Confer Complete Control Over Finances Broad POA Authority Can Be Abused Liability Of Appointed Agents  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 Example Of In-Home Caregiver Fraud Caregiver Allegedly Altered Checks Protecting Seniors From Caregiver Fraud Dishonest persons with access to an older person’s money, bank accounts or confidential information may take advantage of that access to wrongfully take a senior’s money or property,. If they do so, they are […]

ATTORNEY NEWSLETTER What Are Payable On Death Beneficiary Designations Importance Of Keeping Designations Current Case Example Of What Can Go Wrong A payable on death (POD) beneficiary designation is a way to name a beneficiary who will automatically receive the assets of a bank, retirement, or other investment account or […]

ATTORNEY NEWSLETTER Testamentary Capacity Standard For Wills And Trusts Capacity Issues And Financial Elder Abuse A person’s mental health and intellectual functioning are central to their ability to sign a legal document. This is known in the law as a person’s “capacity” to do certain things.  Capacity questions can arise […]