ATTORNEY NEWSLETTER Detecting Elder Abuse What To Look For America’s baby boomers are now senior citizens, headed to that seventh stage of life that may bring “second childishness and mere oblivion” as Shakespeare wrote. The sad reality is that there are people ready to prey upon seniors entering that final […]

ATTORNEY NEWSLETTER The Ins and Outs of Elder Abuse Elder Abuse It is estimated that 10% of individuals over the age of 60 are abused during their senior years. Sometimes this abuse comes from caregivers, other times it comes from family members, friends, financial advisors, and even the occasional scam […]

ATTORNEY NEWSLETTER Fixed Index Annuities: The Biggest Sham of All Fixed Index Annuities Insurance carriers like to offer products such as fixed index annuities. However, these annuities are not always the proper decision for all potential buyers. If you or someone you know has been a victim of fixed index […]

ATTORNEY NEWSLETTER The Terror of Financial Elder Abuse Financial Elder Abuse It is reported that an elder is abused every 5 seconds. Those numbers are nothing short of shocking, and we understand just how terrifying elder abuse can be, financial elder abuse included. We here at Evans Law Firm have […]

ATTORNEY NEWSLETTER Burial Insurance and Life Insurance Americans spend over $800 billion per year on life insurance and funeral and burial insurance. Burial policies are a fraction of the total premium volume. Burial policies are like small whole life policies without the lifetime/cash value upside. Limits (typically $5000-25,000) and premiums […]

ATTORNEY NEWSLETTER Senior Scammed By Fraudulent Financial Advisor A Sadly Familiar Case A woman from San Luis Obispo is currently in jail for allegedly stealing money from a senior with Alzheimer’s disease. The senior had allegedly sought the perpetrator’s help with financial matters. However, according to the court record, the […]

ATTORNEY NEWSLETTER Insurance Agents and the Fiduciary Rule Putting You First The Department of Labor’s (DOL) long-awaited “fiduciary rule” recently took effect and ushers in significant changes to the annuity and life insurance industry. The fiduciary rule holds advisors and insurance agents to a higher standard of conduct in recommendations […]

ATTORNEY NEWSLETTER What to Expect From Your Financial Advisor Rules Governing Investment Recommendations Every day financial advisors recommend all kinds of investments to American consumers. Recommendations come from stock brokers, insurance agents, bankers, financial planners, and investment advisors. Different government, industry and company rules govern these recommendations. Generally, one of […]

ATTORNEY NEWSLETTER IOVAs: Investment Only Variable Annuities What are IOVAs and How Do They Work? Tax deferral is the key to successful retirement savings. IRAs, 401(k)s, SEPs and the like offer deferral but annual contribution limits are relatively low for high earners. Annuity carriers offer another possibility. Investment Only Variable […]

ATTORNEY NEWSLETTER Understanding Income Riders Income Riders Flood Annuities Market A flood of new income riders on annuities partially explains a recent boom in sales. Annuity sales hit a record $203 billion last year. Before you climb abroad this fast-moving train, make sure you understand what annuities are, what income […]