Category: Financial Exploitation

Elder Abuse by Caregivers There comes a time in most seniors’ lives when a caregiver is indispensable. Often aging individuals need round-the-clock help, and neither family members nor close friends are in a position to donate that time. And often too the skills of a professional caregiver are required.. Unfortunately, […]

Risk Factors for Financial Elder Abuse According to a recent study reviewed in Forbes, over 5% of senior Americans are financially exploited by family members each year and an even greater percentage are defrauded by strangers. Spotting financial elder abuse is not always easy, and sadly the harm may be […]

Securities and Exchange Commission (SEC) Investor Bulletin Recently, the Securities and Exchange Commission (SEC) released an investor bulletin to help individuals in the military make educated decisions when it comes to saving and investing their money. We believe that these tips can help everyone, whether in the military or not.

ATTORNEY NEWSLETTER Financial Institutions Now Have An Obligation To Stop Elder Abuse The Facts Every year on average a staggering $2.9 billion is taken from elders in financial abuse scams! In fact, many believe the economic toll may be much higher as cases are often never reported or perhaps never […]

ATTORNEY NEWSLETTER Investing Is Good. Investing Well Is Better The Securities Exchange Commission Tips for Investing Recently, the Securities and Exchange Commission (SEC) released a few tips to help investors make safer, more informed investments. We thought we should share those with you. 1. Never be afraid of doing a […]

ATTORNEY NEWSLETTER The Complexities of Probate Code 21350 And Why It Is Now 21380 What is Probate Code 21350? California Probate Code 21350, introduced in 2010, prohibited caretakers of the elderly from receiving any gifts under their elderly patient’s will once the patient died. While the intent of the statute […]

ATTORNEY NEWSLETTER Caregiver Fraud In Contra Costa and Beyond Caregiver Fraud Sadly, cases of caregiver fraud are all too frequent these days. On many occasions, the victims and loved ones are not remotely aware of the fraud until the financial injury is so great that it can no longer be […]

ATTORNEY NEWSLETTER Responsibility Matters: What to Know and How to Do It Whistleblowing Whistleblowing is a difficult topic, often because people are reluctant to do it out of uncertainty or unease or, worse, fear of retaliation. But in many cases it is the responsible course of action when one is […]

Investment News reported recently about a substantial fine imposed on Valic Financial Advisors Inc.  (VFA).  VFA is owned by subsidiaries of American International Group, Inc., which is a major insurance provider selling life insurance and annuities, among other products. There are more than 1,350 financial advisers who work for VFA […]

Recently, several major media outlets, including CNBC and Yahoo News, published reports on the role that financial advisors can play in combatting elder abuse. When these major media outlets wanted to get key background information on the ways in which financial advisors help to address the crisis of abuse among […]