Category: San Francisco Financial Elder Abuse

ATTORNEY NEWSLETTER Financial Powers Of Attorney Explained Case Example Of POA Abuse Remedies For Victims And Families Anyone with a financial power of attorney (POA) for someone else has full legal authority over that person’s financial affairs, unless the instrument limits their power in some way.  The scope of POA […]

ATTORNEY NEWSLETTER The Silent Epidemic Of Financial Elder Abuse Protecting Senior Loved Ones And Friends Remedies For Financial Elder Abuse Financial exploitation of older Americans has grown to epidemic proportions in the U.S.  It is referred to as a “silent” epidemic because so much elder abuse is never reported and […]

ATTORNEY NEWSLETTER Elderly Victim Suffers Financial And Physical Abuse Caregiver Accused Of Assaulting Elderly Patient Protecting Older Loved Ones Physical abuse or neglect of an elder is often coupled with financial abuse, as the allegations in one reported case, discussed below, reveal.  Greedy caregivers, intent on stealing a senior or […]

ATTORNEY NEWSLETTER The Risks Of Financial Elder Abuse By Dishonest Caregivers Recent Case Example Remedies For Injured Seniors And Their Families Many older Californians and their families elect to remain in their homes when they age and hire in-home caregivers to assist them when they can no longer care for […]

ATTORNEY NEWSLETTER Victim’s Son Contacted Police With Suspicions Suspect Charged With 299 Felonies Purchased Items Shipped To Caregiver’s Address Any wrongful taking of a senior’s property, or any assistance in that taking, constitutes financial elder abuse.  “Takings” range from outright theft of cash, theft by check forgery or altered checks, […]

ATTORNEY NEWSLETTER 88-Year-Old Victim Of Alleged Fraud Accusations of Forged Checks And Unauthorized Card Use Witnesses Believe There May Be Additional Victims We cannot emphasize strongly enough how important it is to keep checks, ATM/Debit cards, and cash away from caregivers or other strangers who enter a senior’s home.  Nor […]

ATTORNEY NEWSLETTER Unauthorized Use Of Senior’s Bank Card Accused Of 130 Fraudulent Purchases $25,000 In Charges In Four Months Unauthorized card purchases and ATM withdrawals are prevalent forms of such abuse. Dishonest caregivers and others who access a senior’s cards and PIN (or create a PIN through phone or online […]

ATTORNEY NEWSLETTER How Dishonest Caregivers Steal From Seniors Unauthorized Purchases, Forged Checks, And More Case Example Forged checks, stolen cash and valuables, unauthorized use of credit and debit cards, and fraudulently obtained Powers of Attorney or other estate planning instruments are all forms of financial elder abuse of the elderly.  […]

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 […]

ATTORNEY NEWSLETTER Saw Elderly Man’s PIN at Grocery Store Victim Reported Large Sum Missing From Bank Account ATM and CashApp Transactions And Amazon Purchases A recently reported case, discussed below, illustrates what can happen when a dishonest caregiver discovers an older person’s debit/ATM card PIN.  We often write about unauthorized […]