Category: financial elder abuse

ATTORNEY NEWSLETTER  Fiduciary Rule Impacts Annuity Sales Putting You First Makes A Difference   The Department of Labor’s (DOL) long-awaited “fiduciary rule” took effect earlier this year and is sending annuity sales way down.  Simply put, the rule requires financial advisors to put your interests first and industry authorities agree […]

ATTORNEY NEWSLETTER Understanding the Downside Hidden Costs When deciding whether to buy a deferred annuity with your retirement savings, ask yourself whether you need another annuity, because you already have one in the form of Social Security. And if you’re fortunate enough to look forward to a pension at work, […]

ATTORNEY NEWSLETTER Financial Elder Abuse Protections Expanding Cases Against Insurance Companies and Agents Grow Over the past few years, financial elder abuse cases and protections have steadily expanded, particularly in California. Financial elder abuse attorneys at Evans Law Firm have been in the forefront of this expansion in both the […]

ATTORNEY NEWSLETTER Detecting Elder Abuse What To Look For America’s baby boomers are now senior citizens, headed to that seventh stage of life that may bring “second childishness and mere oblivion” as Shakespeare wrote. The sad reality is that there are people ready to prey upon seniors entering that final […]

ATTORNEY NEWSLETTER The Ins and Outs of Elder Abuse Elder Abuse It is estimated that 10% of individuals over the age of 60 are abused during their senior years. Sometimes this abuse comes from caregivers, other times it comes from family members, friends, financial advisors, and even the occasional scam […]

ATTORNEY NEWSLETTER The Sham That Is Whole Life Insurance Whole Life Insurance Despite what an insurance agent might tell you, you really can get by in life without whole life insurance. We at Evans Law Firm have spent years representing clients who’ve lost money on whole life insurance. Big commissions, […]

ATTORNEY NEWSLETTER Burial Insurance and Life Insurance Americans spend over $800 billion per year on life insurance and funeral and burial insurance. Burial policies are a fraction of the total premium volume. Burial policies are like small whole life policies without the lifetime/cash value upside. Limits (typically $5000-25,000) and premiums […]

ATTORNEY NEWSLETTER Senior Scammed By Fraudulent Financial Advisor A Sadly Familiar Case A woman from San Luis Obispo is currently in jail for allegedly stealing money from a senior with Alzheimer’s disease. The senior had allegedly sought the perpetrator’s help with financial matters. However, according to the court record, the […]

ATTORNEY NEWSLETTER Insurance Agents and the Fiduciary Rule Putting You First The Department of Labor’s (DOL) long-awaited “fiduciary rule” recently took effect and ushers in significant changes to the annuity and life insurance industry. The fiduciary rule holds advisors and insurance agents to a higher standard of conduct in recommendations […]

ATTORNEY NEWSLETTER Whole Life Insurance… And Why You Might Be Getting Ripped Off Whole Life Insurance Some kind of life insurance is a standard part of nearly every working American’s portfolio. You may have coverage at work or a term policy that you took out when you got married, a […]