Category: San Francisco Financial Elder Abuse

ATTORNEY NEWSLETTER What is caregiver fraud? Caregiver fraud is a recurring form of financial elder abuse perpetrated on seniors by dishonest in-home caregivers or caregivers working in assisted care and skilled nursing facilities.  The fraud tends to start out relatively small – theft of a small amount of cash or […]

ATTORNEY NEWSLETTER Alleged Offenses Against Elderly Victim Span Years Caregiver Convinced Victim To Allow Her Family To Move In Protecting Older Loved Ones Dishonest persons with access to an older person’s money, bank accounts or confidential information may take advantage of that access to wrongfully take a senior’s money or […]

ATTORNEY NEWSLETTER What is meant by the legal term “capacity”? A person’s mental health and intellectual functioning are central to their ability to sign a legal document. This is known in the law as a person’s “capacity” to do certain things.  Capacity questions can arise for any person, but they […]

ATTORNEY NEWSLETTER What is financial elder abuse? California broadly defines what constitutes financial elder abuse: (a) “Financial abuse” of an elder or dependent adult occurs when a person or entity does any of the following: (1) Takes, secretes, appropriates, obtains, or retains real or personal property of an elder or dependent adult […]

ATTORNEY NEWSLETTER Why are powers of attorney important to have? Estate planning in all its varieties comes down to protecting you, your spouse, and your children and grandchildren after you die but also as you age.  A Power of Attorney can protect you while you’re alive but no longer able […]

ATTORNEY NEWSLETTER What is caregiver fraud? Caregiver fraud is a recurring form of financial elder abuse perpetrated on seniors by dishonest in-home caregivers or caregivers working in assisted care and skilled nursing facilities.  The fraud tends to start out relatively small – theft of a small amount of cash or […]

ATTORNEY NEWSLETTER Older Victim Suffers Various Forms Of Abuse Case Example Of Multiple Charges Pursuing Responsible Parties Incidents of caregiver abuse often involve both physical abuse or neglect and financial elder abuse.  In certain types of cases, physical abuse or neglect of a senior can be part of a financial […]

ATTORNEY NEWSLETTER Money Missing From Elder’s Accounts Allegedly Phony “Gifts” Remedies For Seniors Older persons lose more than $3 billion annually as a result of financial elder abuse, according to FBI and National Institute of Justice statistics. The true figure is likely much, much higher as most 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 What Are Payable On Death Beneficiary Designations Importance Of Keeping Designations Current Case Example Of What Can Go Wrong A payable on death (POD) beneficiary designation is a way to name a beneficiary who will automatically receive the assets of a bank, retirement, or other investment account or […]