Category: financial elder abuse

ATTORNEY NEWSLETTER Fiduciary Rule Finally Takes Effect Putting You First After months of delay, the Department of Labor’s (DOL) long-debated “fiduciary rule” took effect last week. Although the final rule was somewhat watered down from early drafts, it nonetheless ushers in a new era when it comes to advising Americans […]

ATTORNEY NEWSLETTER Bank Broker Suspended and Fined for Mishandling Variable Annuity The Case Recently, a broker at a national bank was fined and suspended by the Financial Industry Regulatory Authority (FINRA) for a year and a half after alleged wrongdoing. The broker allegedly put his wife on his client’s variable […]

ATTORNEY NEWSLETTER Financial Elder Abuse Importance of Civil Recovery Actions Financial elder abuse is often criminal. Whether you’re a victim or a loved one, always report criminal financial elder abuse to law enforcement. But always pursue your civil remedies too. Criminal prosecutions are important but they are lengthy and not […]

ATTORNEY NEWSLETTER Financial Elder Abuse Door to Door Fraud May Be Knocking at the Door Financial elder abuse plagues seniors throughout this country, the State of California and right here in San Francisco. One growing version of financial elder abuse involves perpetrators who come door to door or call on […]

ATTORNEY NEWSLETTER The Perils of Whole Life Policies Whole Life Policies Whole life insurance policies are often unsuitable for the individuals who are pushed into buying them. In an ideal world, whole life policies were created to maximize the prospect of high interest rates and increasing stock prices which, again […]

ATTORNEY NEWSLETTER Hidden Charges and Penalties in Annuities Are you someone who purchased an annuity while over the age of 60 in the State of California during the past year? Have you suffered from surrender charges due to that annuity? Many people have. And often senior purchasers of annuities are […]

ATTORNEY NEWSLETTER San Mateo County Attorney for Financial Elder Abuse Criminal Prosecutions and Civil Recovery Financial elder abuse is a growing problem throughout California and across the country. The numbers are shocking. Over 5 million seniors are the victims of financial elder abuse every year and 60% of these cases […]

ATTORNEY NEWSLETTER Financial Elder Abuse: Underrecognized and Underreported Financial Elder Abuse Financial elder abuse seems to be a crime that is only getting worse as the years fly by. Financial elder abuse costs the government some billions of dollars per year, and it can put an elder and a family […]

ATTORNEY NEWSLETTER Beware Annuity Scams Agents Target Seniors Salesmen masquerading as “advisors” or “planners” run annuity scams every day in this country. Their favorite targets are seniors. Seniors make up 30 percent of fraud victims, according to consumer advocacy groups and we suspect the percentage would be much higher if […]

ATTORNEY NEWSLETTER Signs of Financial Elder Abuse What to Look For Sadly, financial elder abuse has become a real epidemic in this country. As financial elder abuse lawyers at Evans Law Firm we see cases of financial elder abuse every day. More and more financial elder abuse stories are appearing […]