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Category: Insurance Fraud

Oct 16, 2023 - Annuities by |

San Francisco Bay Area Annuity Attorney: Why Deferred Annuities Are Not Good Choice For Older Persons

ATTORNEY NEWSLETTER Locked In For Years No Investment Control Commissions, Fees And Administrative Costs As an industry saying goes, “Annuities are sold, not bought.” Don’t be one of the people who gets sold. Deferred annuities are long-term insurance contracts which require you to lose control over your investment, and some […]

Oct 11, 2023 - Annuities by |

Sonoma Financial Elder Abuse And Annuity Attorney: Concerns For Seniors Considering Deferred Annuities

ATTORNEY NEWSLETTER Complicated Policies Are Difficult To Exit Investment Strategies May Underperform Market Returns Eroded By Commissions, Contract Fees And Caps Deferred annuities are not similar to mutual fund investments or electronically traded funds.  Instead, deferred annuities are long-term insurance contracts which require you to lose control over your investment, […]

Sep 30, 2023 - Annuities by |

San Francisco Bay Area Financial Elder Abuse And Annuity Attorney: Downsides Of Deferred Annuities For Seniors

ATTORNEY NEWSLETTER Deferred Annuities Are Not Good Choices For Seniors Exiting Deferred Annuities Is Costly Fees, Participation Rates And Caps Diminish Returns Whenever a life insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Indexed […]

Los Angeles Financial Elder Abuse Attorney: Insurance Agent Fraud And Financial Elder Abuse

ATTORNEY NEWSLETTER How Life Insurance Agents Can Defraud Seniors Case Examples Of Financial Elder Abuse And Fraud Protecting Older Loved Ones We have written often about how seniors may be victims of financial elder abuse from different directions – by caregivers, trustees, financial advisers, and life insurance agents, among others.  […]

Sep 11, 2023 - Annuities by |

San Diego Financial Elder Abuse And Annuity Attorney: Understand The Downsides Of Deferred Annuities For Seniors

ATTORNEY NEWSLETTER Exercise Caution Whenever An Agent Recommends An Annuity Penalties For Exiting Deferred Annuities In Early Years Returns Eroded By Fees, Participation Rates And Caps Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they are expensive and complicated and because these contracts tie up […]

Sep 8, 2023 - Annuities by |

San Francisco Financial Elder Abuse And Annuity Attorney: Beware Of Misinformation Regarding “Medicaid Annuities”

ATTORNEY NEWSLETTER Misleading Life Insurance Agent Representations California Law On “Medicaid Annuities” Other Pitfalls Of Deferred Annuities For Seniors Whenever a life insurance agent or financial advisor of any kind suggests an annuity for you, be wary, especially if you are retired or nearing retirement.  Be especially cautious if the […]

Sep 4, 2023 - Annuities by |

Marin Financial Elder Abuse And Annuity Attorney: Deferred Annuities Are Not For Seniors

ATTORNEY NEWSLETTER Potential Problems For Seniors Exiting Contracts Is Costly Investment Returns Eroded By Fees, Participation Rates And Caps Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Whenever an […]

Aug 31, 2023 - Annuities by |

San Francisco Bay Area Annuity Attorney: Deferred Annuities Are Poor Investment Choices For Older Consumers

ATTORNEY NEWSLETTER Getting Your Money Back Is Expensive Interest Crediting Rules Unlike For Mutual Funds Contracts Carry Fees Seniors are often targeted by insurance agents with proposals for deferred annuities. Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in […]

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