Category: financial elder abuse

Instances of elder abuse, both physical and financial, usually go unreported because the victims think no one will believe them or that they have no one to turn to with their evidence. If an older man is living in a nursing home and is physically abused through beatings, lack of […]

ATTORNEY NEWSLETTER As cases of financial elder abuse increase, more financial firms are requiring elderly customers to submit forms with emergency contact information. California financial elder abuse attorneys say that financial advisors and brokers can be in a unique position to detect financial abuse or fraud, as well as issues […]

ATTORNEY NEWSLETTER Seniors are frequently victims of investment fraud, according to California securities fraud lawyers. The Securities and Exchange Commission’s Office of Investor Education and Advocacy provides some advice and basic rules about investment offers to avoid, and how to identify potentially fraudulent investment opportunities. Before choosing an investment, seniors […]

ATTORNEY NEWSLETTER Elder abuse and neglect reports have significantly increased in Sonoma County over the past few years. According to a recent county report, they have increased by 70 percent over the past five years. However, these wrongdoings frequently go unrectified as they are not acknowledged and/or legally addressed by […]

ATTORNEY NEWSLETTER The Financial Industry Regulatory Authority and the Securities and Exchange Commission recently published a report regarding senior investors. The report sets forth new recommendations for firms that prepare and institute new policies for seniors. FINRA and the SEC “are concerned that some broker-dealers may be recommending riskier and […]

When many young adults step out into the real world on their own for the first time, some of them get into the habit of checking their credit scores and monitoring any dips or changes that would cause red flags. Young adults are buying their first cars, renting their first […]

ATTORNEY NEWSLETTER Although elder abuse is a growing problem in this country, a lack of coordination among states and their various agencies, as well as budgetary issues, makes addressing and preventing this issue very difficult. Each state has its own budget and infrastructures dedicated to addressing and preventing elder abuse. […]

ATTORNEY NEWSLETTER The State of California recently modified the former definition of “undue influence” in the Welfare and Institutions Code. Before 2014, in order to prove undue influence, a special relationship between the victim and the perpetrator had to be demonstrated. Now, the evidence that someone’s free will has been […]

ATTORNEY NEWSLETTER Due to their vulnerability, the elderly are often victims of abuse. The 1985 Elder Abuse Prevention, Identification and Treatment Act provides a definition of what is considered elder abuse. It can be a “willful infliction of injury, unreasonable confinement, intimidation or cruel punishment, with resulting physical harm or […]

ATTORNEY NEWSLETTER California elder abuse attorneys warn that senior citizens are often the target of scammers, and urge senior citizens to be cautious. Senior citizens are often targets, as they are viewed as trusting and may be isolated from other people. Common scams include: -IRS phone call- This is most […]