Category: financial elder abuse

The ING Group is a multi-national banking and financial services corporation offering life insurance, annuities and other financial products. ING has faced multiple lawsuits and allegations of various types of fraud, including allegations of accounting fraud and selling life insurance contracts that do not pay as promised. In 2012, ING […]

Why We Aren’t Fond of Annuities Annuities are something of an open discussion among financial planners and California fraud attorneys. While many believe that annuities have become a major vehicle for potential elder abuse and scam artists, others argue that they have redeeming qualities that can make them useful for […]

ATTORNEY NEWSLETTER San Francisco Annuity Fraud Attorneys Explain Why the World is Turning on Annuities What’s going on with annuities? It seems like annuities are suddenly at the center of a whirlwind in the financial industry. A scathing report by Senator Elizabeth Warren, a story in Forbes: just what is […]

ATTORNEY NEWSLETTER Why do Annuities Have a Bad Reputation? If you’ve been looking into an annuity, it’s almost certain you’ve come across a lot of sources warning you away. Why is that? On the surface, an annuity can make sense: purchasing an annuity now can save money on taxes, provide […]

ATTORNEY NEWSLETTER Finra, the Financial Industry Regulatory Authority, has decided to give financial advisers the authority to circumvent rules on trade execution when they believe that an elderly client is being manipulated or financially abused. Till now, there was no way of stopping a transaction carried out by unscrupulous relatives […]

It’s incredibly difficult to watch an older family member slip into a mental decline, especially in situations where he or she is suffering from dementia or other type of memory loss. It can be devastating to watch your grandmother forget your name, or your father forget his own personal information.

ATTORNEY NEWSLETTER If you’ve ever seen an advertisement for free lunch seminars on living trusts, or for the astoundingly low cost to set one up, you may be thinking it’s too good to be true. Well, you’re right. It’s probably a lure for a living trust mill. It has long […]

ATTORNEY NEWSLETTER Unbeknownst to many, September is Life Insurance Awareness month, as well as National Yoga Month, National Bourbon Heritage Month, National Papaya Month, and National Prostate Health Month. While the last four are all nationally recognized, the first is a marketing event put on by Life Happens, a non-profit […]

ATTORNEY NEWSLETTER The Nursing Home Reform Law prohibits discrimination based on a person’s Medicaid status or eligibility. Medicaid rates, however, are often much lower than those paid by Medicare and private insurance residents, which can lead to residents being treated as second-class citizens in a nursing home. Approximately two-thirds of […]

ATTORNEY NEWSLETTER At first glance, Indexed Universal Life Insurance sounds like a dream come true: guaranteed market returns on your life insurance and a solid floor to prevent you from losing your primary. But there’s a reason some Insurers are pushing Indexed Universal Life policies: they don’t perform the way […]