Financial Elder Abuse Protections Expanding
Cases Against Insurance Companies and Agents Grow
Over the past few years, financial elder abuse cases and protections have steadily expanded, particularly in California. Financial elder abuse attorneys at Evans Law Firm have been in the forefront of this expansion in both the federal and State courts in California. Our attorneys have years of experience combatting financial exploitation of seniors on all fronts – against unscrupulous insurance agents and financial advisors, negligent annuity and life insurance companies, fraudulent caregivers and fiduciaries, and con artists. We follow closely all federal and California legislative and court-ordered developments and changes in the field. If you or someone you love is a victim of financial elder abuse in California, call Evans Law Firm, Inc. today at 415-441-8669, and we may be able to help.
California leads the nation in protecting seniors against financial elder abuse. For example, California law requires strict, very specific rules for insurance agents, brokers, advisors, and annuity and life insurance carriers when recommending and selling products to the elderly. California defines financial elder abuse broadly: any “taking” of a senior’s property (including money) for a “wrongful use” constitutes financial elder abuse. California law also affords enhanced remedies for victims, including extra damages, injunctive relief, and attorneys’ fees and costs. While we at Evans Law Firm always recommend you report financial elder abuse to law enforcement, those agencies may only secure restitution and will not represent you in getting all the additional relief California law allows.
To pursue all remedies available under California law, consult with an experienced financial elder abuse attorney. While the remedies are wide, there are time limitations and procedural details to follow. Victims may be subject to an arbitration provision in their brokerage agreement, for example, or delay too long in bringing suit. Financial elder abuse cases, especially those involving annuities, life insurance or retirement investments, can be very complex and the relevant documents lengthy and complicated. Always seek competent advice as soon as you have any suspicion that you or a loved one has been the victim of any kind of financial elder abuse or fraud.
If you or a loved one been the victim of financial elder abuse in Marin County or any California county, contact the Evans Law Firm financial elder abuse attorneys at (415) 441-8669, or by email at firstname.lastname@example.org. Our attorneys have experience with annuities and life insurance and other complex financial contracts. We have experience representing clients against large insurance companies. We can help guide your case through FINRA arbitration, discovery, a jury trial or toward an equitable settlement. We handle cases involving physical and financial elder abuse, qui tam and whistleblower law, nursing home abuse, whole life insurance and universal life insurance, and indexed, variable, and fixed annuities.