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Financial Professionals Are on the Front Lines in the Fight Against Financial Elder Abuse

A Wells Fargo financial professional recently helped to save a client from losing money in a scam targeting senior citizens. The 78-year old client thought that he won an overseas lottery. Instead, he became a victim of financial elder abuse via a typical lottery scam. The Wells Fargo professional prevented money from being sent offshore, however money from another bank was sent out. San Francisco financial elder abuse attorneys warn senior citizens that lottery scams are abundant. California elder abuse attorneys warn the public not to fall for lottery scams.

In this case, the senior citizen victim was contacted by unknown individuals claiming to be from the Costa Rican lottery. They told the senior citizen that he had won the lottery and that he could collect a $5 million payout. Then they told the senior citizen victim that there were some formalities and that they would need some personal information to verify his identity. Additionally, they told him that he needed to send money to pay off various taxes and fees associated with the money he had won. The senior citizen victim then went to one of his banks and transferred $88,000 to an offshore account. California financial elder abuse attorneys warn seniors not to transfer money overseas. San Francisco financial elder abuse attorneys say that sending money to offshore accounts is a very risky proposition.

Next, the senior citizen victim went to his Wells Fargo Bank and attempted to set up another transfer of $50,000 to an offshore account. This time the senior citizen got lucky. The Wells Fargo financial professional knew immediately that something was wrong and refused to go forward with the transfer. Since the senior citizen client was convinced that he was one transfer away from getting $5 million, there was an unpleasant exchange between the financial professional and the senior citizen. At that point, the financial advisor contacted the family of the senior and they helped convince him that it was a scam. The financial advisor helped prevent further financial elder abuse by refusing to transfer the money. San Francisco financial elder abuse attorneys say that financial professionals can play a role in the battle against financial elder abuse.

Evans Law Firm, Inc. handles elder abuse, financial elder abuse, physical elder abuse, annuity fraud, consumer fraud class actions, insurance and banking fraud cases. If you think that you have witnessed or are the victim of elder abuse, or financial fraud then contact Evans Law Firm, Inc. at 415-441-8669 for a free and confidential consultation, or email us at

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Make Wise Investment Decision By Investing Money In Mutual Funds

In India, although a number of investment instruments are available which provide safe investment opportunities, Mutual fund is considered as one of the best instruments which help in capital appreciation and saving investors from gyrations of the market. For over the past few decades, stock market has shown tremendous growth and for accumulating substantial wealth, it is the need of the hour to include stock in the investment portfolio. By investing in mutual funds, one can actively accumulate huge capital within stipulated time period. Being regulated by SEBI, mutual fund is a company which pools money of numerous investors in various stocks, short and long term money market instruments, bonds and other securities.

An Overview about Mutual Funds

An investor can choose from plethora of mutual fund’s schemes depending upon his needs and requirements as different funds offer different benefits and even costs and expenses structure also varies from fund to fund. With the passage of time, the popularity of mutual funds has increased significantly. It is a fact that even small investors are able to invest in these financial instruments at a reasonable cost and for a longer period of time. Equity funds, fixed income funds, balanced funds are three types of categories in which mutual funds are divided.

On the behalf of the shareholders, mutual fund is professionally and efficiently managed by portfolio managers, who with their expertise knowledge diversify the money over various securities. For reaping the desired monetary benefits of the investments, it is necessary to avail the erudite services of portfolio managers. They keep a track of your investment requirements and give them desired shape by recommending investment alternative which is best suited for an individual.

Avail Advisory Services Online

By searching on the internet, one can find numerous websites that provides personal financial advisory services to an investor. By availing these services, even a novice investor can make wise decisions, depending upon individual investment’s requirements as these websites offer feasible suggestions backed by strong financial analysis. Business giant like network18 is an apt source through which an individual can acquire the investment advisory services or suggestions and fulfill his investment objectives. It is not wrong to say that there is no better alternative for minimizing risk and maximizing returns, then to invest in mutual funds. Therefore, multiply your money manifold by investing money in these instruments.

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Unit Trusts And Open Ended Investment Companies Collective Investments

Unit Trusts and Open Ended Investment Companies Collective Investments

Unit trusts and Open Ended Investment Companies (OEICs) are types of collective investments. In a collective investment, each individual investment is pooled with every other individual investment and then invested as a whole by the manager of the investment.

Different unit trust and OEIC funds invest in different asset classes – shares, bonds, cash and property. Some funds focus on just one asset class, while others invest in two or more. Irrespective of the asset class or classes they invest in, most fund managers will hold a wide spread of investments in their chosen asset class. That is one of the reasons why unit trusts and OEICs are popular with investors spreading investments across a range of businesses can help reduce a funds volatility and the risks for its investors.

Although unit trusts and OEICs are both open-ended investments, where the size of the fund varies according to market supply and demand, there are a number of key differences between the two types of funds.

Investors in unit trusts buy and sell a portion of the total fund in the form of units. The price unit holders initially pay for units (the bid price) is higher than the price they can sell the units for (the offer price): the difference between the two prices is known as the spread. In order for unit holders to make a return on their investment, the closing bid price must always be higher than the opening offer price. An OEIC fund on the other hand, does not trade in units but issues shares to its investors and is therefore an investment company – a less complex entity than a unit trust. Shares in an OEIC have a single price, which is determined by the value of the fund’s underlying investments. All shares in an OEIC are bought and sold at one single price, so theres no bid/offer spread to take into account.

The value of an investment in a unit trust or OEIC will vary according to the total value of the fund, which is determined by the performance of the investments the fund manager makes. Unit trusts and OEICs usually impose an up-front charge and annual management fees, some of which are declared as a percentage of the investment, while others are built into the price.

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Insant Bank Of America Modification 7 Days Or Less

If you are trying to get a Bank of America Modification, this is the best program out there. Whether you have tried to contact your lender on your own or just want the best rate reduction possible, you have to read this.

Traditionally, modifications with B of A have been tough. Trying to get in touch with your lender yourself and getting it to go through was very hard for homeowners to accomplish. Now, you don’t have to worry about all that. You can find out if you are approved, what you new interest rate will be and what your new payment will be almost instantly. Plus, the loan modification can be completed in 7 days or less! This is so much faster than a traditional loan modification that can take two to three months to complete.

The benefits of this program are pretty clear:

1. You get to find out if you are approved within hours or days

2. You get to find out exactly what your new payment will be

3. You can now decide if pursuing a loan modification with Bank of America is benefitial to your situation or if you have to pursue another option.

4. You do not have to wait 2-3 months to find out if you are even approved or to complete the whole loan modification

5. There are no upfront fees with this program!

6. Get your new loan docs signed within a week or less

7. In many cases, your first payment can be pushed back a month or more to further ease your financial burdens!

This program is only offered by a few select companies. To get more information and to see if you qualify for this program, just click the links below and call the phone number or fill out the form. It could not be any easier to get a Bank of America modification! Don’t wait, this program may not last long…

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Dubai To Pass A New Law Protecting Investment In Property

The new law will allow anyone who has made an investment in property in the emirate to receive a full refund if a property developer fails to deliver an off-plan property on time. Other occasions in which investors can request to be compensated include breach of warranty and fraud.
The plans for the new law came to light in June when a draft was published. This early version of the law has undergone amendments after a consultation process. Majida Ali Rashid, director of planning and organisational development at DLD, explained that the public and interested parties, which were included in the talks, brought several suggestions to the table.

Boost to investor interest

The final version, which is now being drawn up, will ensure that interested parties are less exposed to risk when it comes to investment in property in Dubai. With the new law, investors receive extra protection in situations where they have suffered from a developers inability to keep the terms of the agreement. This will most probably give a boost to Dubais property market, aiding the recovery which has recently been seen after the market crashed in
2008 following the global economic crises.

Dubai is a country which has attracted serious global interest for investment in property. Over the last decade the country has launched some of the most ambitious infrastructural and development projects in the world such as Dubai Marina, Jumeirah Lakes Towers, Palm Jumeirah and The World Islands. These and other projects have had property investors salivating. According to the emirates Real Estate Regulatory Agency (RERA), Dubai is currently home to 3,094 registered real estate brokers. Nearly 50 percent of this number comes from UAE (620), with Indians (438) and Pakistanis (428) also well represented. Britain comes fourth with 304 brokers.

And with the new protection measures Dubai will become even more attractive destination for property investors across the world, creating a safe and fertile ground for whatever spectacular project developers in the emirate dream up next.

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Financial Exploitation The Undetected Abuse To Seniors Part 1

Undetected or Unreported?

For all types of elder abuse: for every reported case, there are 23.5 unreported cases.

For financial exploitation: for every reported case, there are 43.9 unreported ones.

For neglect cases: for every case undergoing investigation, there 57.2 unreported cases.

The New York State Elder Abuse Prevalence Study was the second-largest study ever conducted on elder abuse and the first one conducted on a statewide scope. Although the studys contents have not yet been released by New York State Office of Children and Family Services, the grim figures above were presented during a recent conference.

Scarier still, is the implication that the incidences of abuse may actually be even higher since the study excluded older persons who were unable to participate in telephone surveys.

Surprisingly, the most commonly reported was emotional abuse, followed by physical abuse; however, financial exploitation seemed to be the most prevalent form of elder mistreatment.

If previously undetected, how do we know if its occurring at all? And what can you do to stop it?

Prevention

Monitor Financial Activity. Look for these things:

Unusual activity based on ability, e.g. ATM use by a physically impaired person
Unexpected new withdrawals in round numbers ($50, $100, $1,000, etc.)
Withdrawals from a savings account or from checking accounts despite of penalties
Increased financial activity on bank statements
Requests to change account beneficiaries or issuance of authorizations
Elder showing signs of confusion related to finances
Property title changes or re-financing reports

Monitor Inheritance and Wills. Watch out for:

Changes in Power of Attorney or Durable Power of Attorney
Will or trust modifications when the elderly is incapable of requesting changes
Requesting will or trust changes that are in favor of a much younger friend

Caregivers should take note of these unusual behaviors:

Avoidance of discussion of financial matters that were once routine
Elderly showing signs of depression
Caregiver says the elderly wants to avoid calls and visits
Caregiver seeming to be overly concerned with financial matters
Caregiver speaking for the elder even when the elder is around
Perform background check if the caregiver has other means of support other than the elders income

Where to Get Support

For more resources related to elder abuse, you can contact the APS Network. You can find the appropriate contact numbers to call by clicking on the Report Abuse button on their website and then choosing your state.

If you require immediate legal assistance, you can contact local attorneys with years of expertise in elder law. For example, in Indianapolis City, you can reach out to Applegate-Harden Law Firm.

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What makes an investment ethical

People want their money to work hard to deliver the best possible return on their stake. There are many ways that people can grow their money, from traditional savings and ISA accounts to more diverse investments such as commodities.

Current times are quite challenging in terms of what investments actually do provide a decent return on customers monies, and many people are turning to ethical investment opportunities.

What is an ethical investment?

An ethical (also known as Sustainable) investment is an investment that not only offers a good return on the clients money but also helps the planet. This is done by investing in commodities such as timber, where plantations are created and harvested over a designated period of time. These opportunities often come with social and environmental objectives. They can provide jobs to communities whilst creating sustainable fuels and forestry for years to come.

Why should you chose an ethical investment?

Investing money is all about getting a return at any cost. Ethical opportunities are different in that respect. Ultimately the end goal is getting a return on investment, but alongside this investment you know that the money is being put to good use in both a socially and environmentally responsible way. By choosing an ethical investment you can be sure that your money will be put to use in a way that will also help the environment both now and the foreseeable future.

What are the risk of ethical investments?

There are always risks in any investment and ethical opportunities are no different, however they do tend to often perform well under poor market conditions. It is important to note, however, that an ethical opportunity might have a higher risk profile than other investment opportunities where a companies activities are more mainstream.

What types of ethical investments are available?

There are many different types of sustainable opportunities available to people who are serious about socially responsible investments. These can range from Forestry and Farming to alternative energy sources and eco-housing.

Before you embark on any type of investment, be it ethical or not, you should always seek guidance and where possible have a look at how the market has been performing over a period of time. Sustainable investments can offer a very high return on your investment, but as with any investment there is an element of risk involved. In some cases the element of risk may be higher in an ethical investment than in a non-ethical option so you should always research the market prior to departing with your hard earned cash. You should only ever invest what you can afford to potentially lose.

Sustainable investments can provide you with a high return on your money, whilst also helping to build a sustainable planet.

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India’s Strong Gold Investment

We all know that the glitter of gold can be too hard to resists sometimes. This is why investing in gold has become one of the most profitable transactions that you can make these days. When it comes to choosing the right gold products you surely have where to pick from: 1 kilo gold bar, gold coins, gold bullion, one ounce gold bars, gold funds and so on. The variety of gold investments is daunting, therefore making a choice can become a rather difficult task.

Gold is and has been the preferred investment for Indians especially because the potential price increase and because it is considered a hedge against inflation. Studies show that when the inflation rises with 10 percent, for example, then the process for gold will rise for 30%.

Throughout generations, gold has been one of the most trusted investment vehicles. Taking into consideration that the gold production on a worldwide scale is far below than the demand, gold prices are likely to go up in the months to come. Gold has proved itself to be the only medium of exchange that is absolutely free of credit risk. This is why the trend among investors is to invest at least part of their savings in the precious metal.

Buying gold however, can take numerous forms. One of the most popular ways of investing in gold in India is definitely jewellery. For Indians, owning gold jewellery is a sign of wealth and it gives them the advantage of owning physical gold and also being able to use it for fashion purposes at the same time. Of course, there is a downside to this also: the loss of value due to impurities, the high charges and exchange rates when and if they decide to sell them.

Another gold investment product, which has become quite popular is represented by the gold bar. This is the oldest form of gold preservation and the advantage of this product is that it can be found in various sizes: one ounce gold bar, 1 kilo gold bar, 20 grams gold bar and so on. This gold product offers the satisfaction of holding gold and knowing that you can buy or sell it online at any time. When you own physical gold bars then you need to deposit it in a vault and take out insurance in order to protect your investment.

India, as well as other important economic powers of the world, such as China, have started to invest heavily in gold. Therefore, when you want to make sure that you protect your investments then you have to start doing the same thing.

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Information from Appleton Child Custody Lawyer What Is Child Custody Modification

If you are thinking of modifying a child custody agreement, you should consult an esteemed Appleton child custody lawyer.

An Appleton child custody lawyer can assist you in different junctures of child custody cases. This means you may also use their services when child custody modification is required. Are you not aware of the true meaning of child custody modification? If yes, then reading through this article is important for you. Here, we have discussed in brief the meaning of child custody modification and its components.

About Child Custody Modification

The term -child custody modification- is used to describe the act of altering the terms of child custody agreements. Requests for such modifications can be submitted by any one or both parents of the child in question. At times, the modification gets worked out privately and then submitted to court of law for approval. However, there are also situations when one parent is taken to the court by the other for requesting a modification. Alterations done to a child custody agreement is always supervised by the judge and he (the judge) ensures that the best interest of both parents is preserved.

When a Child Custody Modification Is Required?

You may need to file for child custody modification due to a wide variety of reasons. Two of the most common situations when request for child custody modification is submitted are when the child in question expresses his or her wish of changing custody arrangements and when one parent changes his or her location (for instance move to another country or state). Under certain circumstances, modifications might also be ordered by the court; for example modification might become mandatory if terms and conditions of the original custody agreement are violated.

While determining the kind of changes to be incorporated in custody agreement both parties need to consider what would be best for the child in question. For instance, they should think about things like distance from school and places the child visits for an after-school activity.

Can a Lawyer Help?

Yes a lawyer can surely help you in making the right changes in the original child custody agreement. However, for that you must hire the services of an experienced and qualified Appleton child custody lawyer. If your friends and relatives cannot recommend any names, you should search the internet carefully for gathering names of attorneys working in your city and specializing in child custody cases. The legal expert you hire for this purpose should have thorough knowledge about the child custody laws in your state.

Reading the reviews provided by the author is one of the best ways to gain necessary information on .

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Bank Of America Loan Modification — A Simple Five Steps To Approval!

Have you been worried or even just concerned about meeting a high monthly mortgage payment? Perhaps you have been pondering negotiating for a better deal, such as a Bank of America loan modification period. This nationwide lending bank is now offering loan workarounds to some of its borrowers. You can improve your chances of getting the loan modification deal. If you meet certain approval requirements, you can lower your mortgage payment. Before you apply, you need to know about these Five Steps to Approval.

1.Study the Bank of America loan modification approval guidelines. To qualify for a loan workaround program, you must meet specific disposable income and debt to income ratios.

2.Collect all necessary documentation for the bank. A bank officer will review your documents to decide whether you qualify for a Bank of America loan modification. Be sure that you have everything before you apply, in order to avoid any possibility of delay or even denial of your application.

3.A Hardship Letter is an essential part of your document package. You must present convincing, compelling evidence that you have experienced or will suffer from a financial hardship due to your current mortgage payment. There are three essential elements in a Hardship Letter — be sure that you know what they are.

4.Take time to prepare, accurately and properly, the Bank of America loan modification application forms. Everything you state is subject to verification, and so you must include all important information, truthfully, to ensure that your loan workaround is given the maximum possible consideration for approval.

5.Be persistent. Eight weeks is not uncommon for processing time of your Bank of America loan modification application. So be patient as well! Even if you are declined the first time, do not give up. Many homeowners were able to get an initial rejection of their application overturned by being diligent, tenacious, focused, and persistent in their pursuit of an affordable mortgage. Your home is at stake, and a successful application allows you to keep your home.

By studying the guidelines; being diligent, complete and truthful in your application; and persisting in your qualification process, a Bank of America loan modification may well be yours. Take the time and invest the energy in doing the application properly, by understanding the bank’s approval guidelines. Ask any necessary questions for proper completion of the paperwork. Get the help you need and keep your home, as homeowners across the country continue to do. You too can do it!