Category: Uncategorized

ATTORNEY NEWSLETTER Understanding Annuities If you are over 60 and nearing retirement, the question of whether you should purchase an annuity as part of your retirement savings plan is likely to come up. Insurance agents and advisors, who stand to make a commission on any sale, promote annuities as important […]

ATTORNEY NEWSLETTER Financial Exploitation of Seniors American seniors lose an estimated $30 billion as a result of financial elder abuse. Much of the abuse goes unreported because victims are ashamed or unable to speak up. Federal and State legislatures and industry groups are stepping in to encourage reporting and expanding […]

ATTORNEY NEWSLETTER Elder Abuse in Nursing Homes  Medication Concerns Drugging of nursing home residents has become an enormous problem in this country. Human Rights Watch, one of the world’s leading humanitarian watchdog groups, recently released a report slamming the nonconsensual drugging of nursing home residents. In an average week, according […]

ATTORNEY NEWSLETTER What is Long Term Care Insurance? Long Term Care Insurance is sold by agents to help you pay for nursing homes, assisted living and home health aides when you become unable to take care of yourself. Now, though, reports indicate that the long term care insurance industry is […]

ATTORNEY NEWSLETTER Outsourcing and the Dangers of Related Party Transactions Nearly three quarters of the nursing home chains in this country outsource many nursing home operations to other companies they control. Management, physical therapy, and drug and other care services are increasingly outsourced. Contracts with related companies accounted for $11 […]

ATTORNEY NEWSLETTER Be Wary of Annuity Sales Presentations Have you ever returned to your car in a shopping center parking lot to find a flyer on your windshield inviting you to a free lunch and estate planning seminar? Such tactics are often used by insurance agents to lure seniors especially […]

ATTORNEY NEWSLETTER Internal Revenue Service Whistleblower Awards The new tax season is almost upon us and tax cheats will have another opportunity to avoid taxes. Tax fraud ranges from cheating on a 1040 to massive tax avoidance schemes, often offshore, amounting to millions in unpaid taxes. The Internal Revenue Service […]

ATTORNEY NEWSLETTER Elder Abuse in San Francisco Financial elder abuse is a growing epidemic in this country and San Francisco is no exception. Every day in our city the elderly are exploited financially, most often by persons they know.  Nationally, financial elder abuse costs elderly Americans over $30 billion a […]

ATTORNEY NEWSLETTER Understanding Annuities Tying Up Savings and Hidden Costs Annuities are insurance contracts sold to provide guaranteed income for life. Deferred annuities defer that income (and possibly taxes) until a future date. Insurance agents and advisors promote annuities as retirement savings vehicles. We at Evans Law Firm represent clients, […]

ATTORNEY NEWSLETTER Problems with Annuities as Savings Vehicles Are Fixed or Variable Annuities Right for You? Insurance salesmen pitch fixed and variable annuities as savings mechanisms for retirement or other long-term goals such as college education savings. Retirement savings or a child’s college account are the last places customers want […]