Category: 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 $125,000 Reportedly Stolen Unlicensed Caregiver Had Long Criminal History Protecting Older Loved Ones From Caregiver Fraud/Caregiver Theft Any senior is vulnerable to financial elder abuse whenever a dishonest caregiver or other stranger enters their home for any period of time. When it occurs, this kind of financial elder […]

ATTORNEY NEWSLETTER Case Example Monitoring Senior’s Accounts Caught Theft Protecting Seniors From Financial Elder Abuse And Caregiver Fraud Fraud on seniors by their paid in-home caregivers (referred to as “caregiver fraud”) is a recurring form of financial elder abuse. Whenever a dishonest caregiver or other stranger enters a senior’s home […]

ATTORNEY NEWSLETTER Redirected Social Security Benefits Unauthorized Online Access Protecting Loved Ones From Financial Elder Abuse Anonymous online access to pension or Social Security benefit profiles or phone impersonations of seniors are frequent ploys by caregivers intent on stealing from unsuspecting older persons. Whenever a dishonest caregiver gains access to […]

ATTORNEY NEWSLETTER Caregiver Theft From Elderly Couple Caregiver Fraud By Forgeries And Other Crimes Protecting Older Loved Ones From Caregiver Fraud/Caregiver Theft Many caregivers are hardworking, compassionate people who truly care for the older persons they take care of.  But the reality is that they are also dishonest, greedy, and […]

ATTORNEY NEWSLETTER Life Insurance Agent Fraud Senior Victims Protecting Older Loved Ones Life insurance agents and brokers serve as trusted advisors to their clients, ensuring that policyholders are adequately protected in the event of a loss.  However, on some occasions, unscrupulous agents abuse their profession for personal gain especially targeting […]

ATTORNEY NEWSLETTER Accused Of Unauthorized Use Seniors’ Debit Card Withdrawals Recorded On Bank And Retailer Cameras Remedies For Seniors And Their Families Unauthorized use of seniors’ credit and debit cards is a common type of fraud perpetrated on seniors by dishonest caregivers or other strangers with access to an elderly […]

ATTORNEY NEWSLETTER Case Example Of Alleged Caregiver Fraud Prior Criminal History Alleged Preventing Caregiver Fraud/Caregiver Theft Financial elder abuse has become a national epidemic. As many as one in 10 vulnerable adults are potential targets, according to federal officials, and their financial predators are most often caregivers or other persons […]

ATTORNEY NEWSLETTER How Powers Of Attorney Used To Steal From Seniors Case Example Of Financial Elder Abuse By Power Of Attorney Abuse  Remedies For Victims And Heirs Individuals with financial powers of attorney (POAs) for someone else have full legal authority over that person’s financial affairs, unless the instrument limits […]

ATTORNEY NEWSLETTER Powers Of Attorney Grant Broad Authority To Agents Risks Of Self-Dealing And Other Agent Fraud Remedies For Injured Seniors And Families Powers of attorney are extremely important estate planning tools for all of us as we age; it is helpful to have such arrangements in place before the […]