Category: San Francisco Financial Elder Abuse

ATTORNEY NEWSLETTER Always Get A Second Opinion First  Fees And Withdrawal Penalties Deceptive Sales Tactics The basic premise of a deferred annuity is this: you pay a premium to an insurance carrier now for an income stream to be paid to you many years in the future. But deferred annuity […]

ATTORNEY NEWSLETTER Stopping Others From Changing An Elder’s Estate Plan Cognitive Impairment Of Settlor New Legislation Expands Use Of Restraining Orders We at Evans Law Firm, Inc. often see situations where a new “friend” of an older person, caregiver, trustee, stepchild, or second spouse takes unfair advantage of the older […]

ATTORNEY NEWSLETTER FINRA Senior Exploitation Rules Add Trusted Contact To Account Placing A Hold On Account The Financial Industry Regulatory Authority (FINRA) is a regulatory agency that has been increasingly focused on protecting older Americans from financial elder abuse from advisors and brokers.  FINRA has a set of rules designed […]

ATTORNEY NEWSLETTER Caregiver Given Financial Duties  Family Discovers Alleged Theft During Audit  Claims Money Needed For Kidnap Ransom We cannot stress enough that a caregiver hired to care for an older or dependent person should never be given any financial responsibilities.  Ever.  Even giving a caregiver a credit card to […]

ATTORNEY NEWSLETTER Unauthorized Annuity Withdrawals Alleged Accused Of Forging Withdrawal Requests Targeted Victims’ Retirement Assets Unscrupulous financial advisors with access to a senior’s funds are in a position to steal, and if the senior is suffering from cognitive impairment or otherwise unable to manage their affairs, the theft may go […]

ATTORNEY NEWSLETTER Be Wary Of Certain Kinds Of Sales Presentations  Understand The Fees And Withdrawal Penalties Avoid Replacement Transactions Deferred annuities are complicated insurance policies with characteristics of life insurance and complex securities investments; contracts run from 50 to 100 pages or more and are filled with technical language and […]

ATTORNEY NEWSLETTER Cash, Checks And Credit Cards Stolen From Patient Rooms Two Prior Convictions For Elder Abuse Allegedly Used Stolen Credit Cards At Multiple Stores Most news reports of financial abuse by caregivers involve in-home caregivers stealing under their patient’s own roofs.  But there is a real danger of financial […]

ATTORNEY NEWSLETTER National Senior Fraud Awareness Day 2022 Isolated Seniors At Greatest Risk Steps For Protecting Seniors Each year, millions of elderly Americans fall victim to some type of financial elder abuse, and the results can be devastating. In response to the rise in financial elder abuse of older Americans, the U.S. […]

ATTORNEY NEWSLETTER Victims Were All Patients Of Same In-Home Caregiver Attempt To Steal $60,000 For Dental Work Asks Associate To Use Victim Credit Card To Post Bail All seniors are at risk of financial elder abuse, whether living at home or in a nursing home or memory care or assisted […]

ATTORNEY NEWSLETTER Long-Term Insurance Policies With Withdrawal Penalties Annual Fees Erode Returns Exchanging Existing Contracts Can Be Costly Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies may tie up a senior’s money for years and impose significant […]