ATTORNEY NEWSLETTER Forged Checks And Other Crimes Alleged Bank Reported Unusual Activity To Victim’s Family Protecting Older Loved Ones All seniors are potential victims of financial elder abuse.  Those seniors who are alone and under the care of an in-home caregiver are particularly at risk if the caregiver is a […]

ATTORNEY NEWSLETTER Agents May Abuse Broad Authority Under Powers Of Attorney Self-Dealing And Other Agent Fraud Remedies For Injured Seniors And Families Powers of attorney are extremely important estate planning tools for all of us as we age; it is helpful to have such arrangements in place before the need […]

ATTORNEY NEWSLETTER Access To Financial Accounts Unauthorized Withdrawals Protecting Seniors From Fraud Whenever a dishonest caregiver gains access to debit or credit cards and confidential financial information of an elderly person like PINs and Social Security numbers, there is a risk that they will use that information to take as […]

ATTORNEY NEWSLETTER Avoid The Sales Hype Around Annuities Long-Term Contracts Are Costly To Exit Commissions And Fees Diminish Returns Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in years to come.  The concept sounds simple enough but in fact […]

ATTORNEY NEWSLETTER 94-Year-Old Victim Fraudulent Checks And Unauthorized Purchases Remedies For Seniors And Their Families Older persons lose more than $3 billion annually as a result of financial elder abuse, according to FBI and National Institute of Justice statistics. The true figure is likely much, much higher as most financial […]

ATTORNEY NEWSLETTER Power Of Attorney Abuse Is Always A Risk Warning Signs of POA Abuse Remedies For POA Abuse A power of attorney authorizes one or more persons (“agent(s)” or “attorney(s)-in-fact”)) to act on behalf of another (the “principal”) in financial or medical matters. Financial powers of attorney (POAs) grant full […]

ATTORNEY NEWSLETTER Altered Checks And Forgeries Fraudulent Checks Allegedly Overdrew Account How To Protect Your Loved Ones If you or an older loved one has an in-home caregiver, be careful not to involve them in your or your loved one’s financial affairs.  Regardless of how trustworthy the caregiver is, just […]

ATTORNEY NEWSLETTER Growing Epidemic Of Financial Elder Abuse Case Example: Unauthorized Use Of Senior’s Checkbook Protecting Older Loved Ones As many as one in 10 vulnerable adults are potential targets of financial elder abuse, according to federal officials, and their financial predators are most often caregivers or other persons in […]

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  Alleged Abuse Of Wheelchair-Bound Patient Director Charged With Failure To Report Victim’s Daughter Discovered Signs Of Abuse Stories of intentional abuse of nursing home residents are especially heartbreaking.  In one case reported earlier this year and discussed below, the daughter of an elderly nursing home resident found her […]