ATTORNEY NEWSLETTER The Potentially Pitfalls of the Annuity There’s a lot of contention surrounding the annuity, an increasingly common financial product as the population ages. Opinions range from embracing the product to utterly disavowing it. There’s one thing that both sides of the argument can agree on: the wrong annuity […]

ATTORNEY NEWSLETTER Changing Annuities Rules May Even the Playing Field We’ve spoken a lot about the convoluted rules governing the financial products that are grouped under the name “annuities.” This moniker can cover a staggeringly wide variety of related products and categories, including deferred variable, indexed, and numerous other obscure […]

ING, Voya, Transamerica, and Others Expected to Raise Rates A new year is an opportunity to make changes. Some of us resolve to eat better, lose bad habits, or improve as a person. In contrast, it seems that some major life insurance companies have resolved to increase their revenue by […]

Why We Aren’t Fond of Annuities Annuities are something of an open discussion among financial planners and California fraud attorneys. While many believe that annuities have become a major vehicle for potential elder abuse and scam artists, others argue that they have redeeming qualities that can make them useful for […]

California Annuity Fraud Attorneys Discuss Transparency in Annuities ATTORNEY NEWSLETTER If you or someone you know is the owner of an annuity, you know firsthand exactly how confusing and complex those products can be. Buying one involves mountains of paperwork and piles of money. Annuities are major investments, and some […]

ATTORNEY NEWSLETTER Deferred Annuities – What to be aware of There are a number of ways that insurance companies use to convince elders in to purchasing annuities. Sometimes it is a broker-dealer or an insurance agent who contacts you, offering a free-lunch, free financial advices or financial services for a […]

Transamerica, Fidelity and Guarantee, and Gambling with your Life ATTORNEY NEWSLETTER There’s a reason Life Insurance is considered a safe bet. For over a century, these policies have been among the most carefully regulated in the financial world. Insurers like Transamerica, Allstate, and Fidelity and Guarantee are obligated to have […]

ATTORNEY NEWSLETTER Why We Can Hate Annuities We can hate annuities because the broke-dealers sale these financial products even though these investments could be harmful for the customers. Indeed, the broke-dealers do not have any legal obligation to give the best advice in the interest of their customers. Furthermore, they […]

ATTORNEY NEWSLETTER Why do Annuities Have a Bad Reputation? If you’ve been looking into an annuity, it’s almost certain you’ve come across a lot of sources warning you away. Why is that? On the surface, an annuity can make sense: purchasing an annuity now can save money on taxes, provide […]

ATTORNEY NEWSLETTER It’s tempting to see retirement saving as a viable way to get big returns off Wall St. investment, to provide a hefty sum for potential medical costs, caretaking, and passing on to the next generation of your family. But the cost of big returns is big risks, and […]