ATTORNEY NEWSLETTER Elder Abuse: National Uniform Definition The Centers for Disease Control and Prevention (CDC) and the National Center for Injury Prevention and Control (NCIPC) published national definitions for the various aspects of elder abuse: physical abuse, sexual abuse, emotional abuse, neglect and financial abuse. This report has the advantage […]

ATTORNEY NEWSLETTER In California, elder abuse occurs when one takes advantage of the real or personal property of a senior who is over the age of 65. Recently, a case was related of a senior who was financially abused by his own daughter. She stole $320,000.00 from him by draining […]

ATTORNEY NEWSLETTER It’s important that seniors be aware of the possibility of investment fraud. They are often seen as valuable targets by potential scammers. Older people should be aware about the risks of investing in a new company or in a bank or insurance company. Elders are sometimes more vulnerable […]

Collaboration between Attorney General Kamala Harris and AARP California to Protect Seniors from Fraud and Abuse In California, seniors are really representatives of this state, but also are vulnerable. They are the targets of many fraud and abuse schemes. Moreover, when they are old and alone, they are the perfect […]

How can seniors prevent financial abuse? Seniors are sometimes the targets of choice for dishonest people. The perpetrators of elder abuse in California may be relatives of the family, children, grandchildren and friends. Professionals like caregivers, insurance brokers or financial advisers also may try to take advantage of the weaknesses […]

ATTORNEY NEWSLETTER Background San Mateo Elder abuse Attorneys are gratified to learn that the board of supervisors has voted to spend a portion of state funds on creating a task force to help combat financial elder abuse and nursing home abuse. Attorneys, counsellors, law enforcement and advocates have all banded […]

ATTORNEY NEWSLETTER The SEC wants to alert the individuals receiving compensation from insurance companies after natural disasters like hurricanes, floods, oil spills, and fires that they may be targets of investment fraud. This compensation gives rise to investment scams and takes many forms. There are the classic Ponzi schemes where […]

ATTORNEY NEWSLETTER An increasing number of seniors have been adding risky financial products to their retirement finances, guided by so-called “elder financial planners” and other shysters looking to make some money out of seniors’ life savings. One of their methods is to sell retirees a deferred annuity. The idea is […]

ATTORNEY NEWSLETTER Finra, the Financial Industry Regulatory Authority, has decided to give financial advisers the authority to circumvent rules on trade execution when they believe that an elderly client is being manipulated or financially abused. Till now, there was no way of stopping a transaction carried out by unscrupulous relatives […]

ATTORNEY NEWSLETTER If you’ve ever seen an advertisement for free lunch seminars on living trusts, or for the astoundingly low cost to set one up, you may be thinking it’s too good to be true. Well, you’re right. It’s probably a lure for a living trust mill. It has long […]