Category: Uncategorized

ATTORNEY NEWSLETTER Annuity Sales to Seniors Annuities are complex, long-term insurance contracts that insurance agents and carriers promote especially to seniors as vehicles for guaranteed income for life. The Marin County and California financial elder abuse, annuity and securities fraud lawyers at Evans Law Firm, Inc. do not recommend seniors purchase […]

ATTORNEY NEWSLETTER Elder Abuse in Nursing Homes Nursing home residents deserve to be treated with dignity and respect. Sadly, many residents are neglected and abused in the very places where they expect (and pay for) care, attention, and protection from harm.  The Alameda County and California nursing home abuse attorneys […]

ATTORNEY NEWSLETTER Surrender Charges on Whole and Universal Life Insurance If you are over age 60, live in California, and have surrendered a whole or universal life insurance policy, you may have paid a surrender penalty. You may also have suffered a tax loss on the surrender.  The California Insurance […]

ATTORNEY NEWSLETTER Government Announces Record Whistleblower Awards Earlier this year, record whistleblower awards were paid out on two separate cases.[1]  In the first, the Securities and Exchange Commission (SEC) reported that two whistleblowers would receive a combined $61 million in awards.  The SEC’s previous record was $30 million.  Separately, the […]

ATTORNEY NEWSLETTER Actions You Can Take Notifying Bank, Lender and Credit Reporting Agencies Each year millions of Americans are victims of identity theft. Thieves access bank accounts, credit cards, online payment services, and home equity lines of credit. You need to know what you should do and what your rights […]

ATTORNEY NEWSLETTER Elder Abuse Is An Epidemic Millions of Americans have suffered from elder abuse in one form or another. Most cases of elder abuse go unreported according to government agencies and nonprofits who work to protect seniors.  As our population ages, the incidents and forms of elder abuse will […]

ATTORNEY NEWSLETTER FINRA Cracking Down on Faulty Annuity Replacements Cracking Down on Exploitation The Financial Industry Regulatory Authority (FINRA) is looking closely at brokers guilty of churning their clients’ annuities. The churning (or replacements) resulted in heavy surrender charges, fees, and tax bills for the cheated clients. The San Francisco […]

ATTORNEY NEWSLETTER Beware The Hype Annuities Are Complex And Dangerous To Your Pocketbook Annuities are complex, long-term insurance contracts, especially deferred annuities. Agents and carriers often sell inappropriate or unsuitable annuity contracts to consumers, especially seniors. Agents and companies pitch the annuities as sound retirement investments offering income security late […]

ATTORNEY NEWSLETTER Closed Bank Accounts Banks routinely close inactive accounts and our California Elder Abuse attorneys have seen this happen to seniors especially.  An account may have been opened years ago and forgotten or addresses changed. Banks close accounts due to inactivity over periods of time. When a bank closes […]

ATTORNEY NEWSLETTER  Senior$afe To Put a Halt to Elderly Abuse Each year approximately five million senior citizens fall victim to financial elder abuse in this country. The financial toll on older Americans is estimated by some at $30 billion annually.  The number of elder abuse victims and the financial loss […]