ATTORNEY NEWSLETTER The IRS Whistleblower Program How the Program Works In this age of heightened notoriety for whistleblowers like Edward Snowden and Chelsea Manning, it can often seem like there’s little or no recourse for those with inside knowledge. However, while it can often be difficult to spill the beans […]

ATTORNEY NEWSLETTER The Role of Financial Advisors What to Look for in an Advisor The first step our Los Angeles financial elder abuse attorneys recommend is making a sharp distinction between an “advisor” and a “broker.” Imagine you were going to have someone help you select a car. You have […]

ATTORNEY NEWSLETTER Protecting Seniors from Sexual Abuse Understanding Nursing Home Sexual Abuse It’s difficult to even contemplate the topic of nursing home sexual abuse: nobody want to imagine the possibility that their parents or loved ones may be at risk for such an unspeakable act. But our alameda nursing home […]

ATTORNEY NEWSLETTER Protections Seniors from Investment Fraud The Origin of Investment Fraud In this age of “Retirement Shortfalls” and rising costs of seniors living, the elderly often feel under increased pressure not to be a burden on their families, and to try to leave something behind when the pass on. […]

ATTORNEY NEWSLETTER Long Term Care Insurance As America’s population continues to age, one type of insurance that has begun to seem very desirable is long term care insurance. This is designed to help seniors hedge their bets against the rising and potentially savings-draining cost of living in a retirement community, […]

ATTORNEY NEWSLETTER Selling Annuities to Seniors The way that financial advisors feel about annuities can be summed up by the adage “annuities aren’t bought, they’re sold.” Annuities are often presented by brokers as being retirement lifesavers, and claim that they are essential to making up the shortfall from savings and […]

ATTORNEY NEWSLETTER A major concern that our annuity fraud attorneys have with annuity products is the obfuscated means by which insurance companies try to squeeze some extra revenue out of their clients. In order to make their products appear more lucrative, they often advertise high base return rates, only to […]

ATTORNEY NEWSLETTER Misleading Annuity Illustrations When seniors go to a financial advisor, they often aren’t specifically looking for an annuity. They want to protect their savings, and ensure that they can find a way to make their savings last through their retirement. A financial advisor often sees this as an […]

ATTORNEY NEWSLETTER Changing Guarantees in Variable Annuities The new Department of Labor rule that requires annuity brokers to act as fiduciaries has sent ripples throughout the industry. Although the rule doesn’t go into full effect until 2018, insurance companies are scrambling to find ways to adapt to (or circumvent) the […]

ATTORNEY NEWSLETTER Investment Fraud and SEC Investigations As financial advisors warn about the “retirement shortfall” that is facing many retirees, seniors are coming under increased pressure to buy financial products, leverage assets like their homes, and find other ways to make their money last. One of the riskiest choices seniors […]