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February 06, 2012
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Wills & Trusts News

 

Attorney General Corbett Files Second Suit Alleging "Living Trust" Sales Scheme

Attorney General Tom Corbett today announced that a second civil lawsuit has been filed against the operators of a living trust sales scheme, who are accused of deceiving elderly consumers into purchasing Revocable Living Trusts and other estate planning products that pay the sellers high commissions, but may not be in the consumers' best interest.  

The Attorney General's Charitable Trusts and Organizations Section simultaneously filed a motion for special injunction and for preliminary injunction that asks the court to immediately require that the defendants cease all illegal operations until the lawsuits are decided.  A Commonwealth Court hearing on the motion is set for 10 a.m. Wed. May 3.

The suit identifies 11 defendants, including Montgomery County lawyer Brett B. Weinstein, who was named in the Attorney General's original October 2004 complaint. Corbett said this latest legal action follows an investigation into additional complaints from elderly consumers, who claimed that they were defrauded by the defendants. Read more at attorneygeneral.gov.

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  News Room  
 
Some Living Trust Sellers Aren't Trustworthy
Consumer: I'm exploring estate planning options. I've heard that a living trust can save me money. But I've also read warnings abo...
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Texas Title Examination Standards
In 1989, the Council of the Section of Real Estate, Probate and Trust Law of the State Bar of Texas approved the formation of a committee to study ...
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To Will Or Not To Will" Has Been Prepared To Inform The Public Of What Happens Legally To The Property Of A Person
To Will Or Not To Will" has been prepared to inform the public of what happens legally to the property of a person when he or she dies with a will ...
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Common Terms

 


Today's Terms

Beneficiary

Definition:
A person designated to receive the income or principal of a trust estate.

Power of attorney

Definition:
A legal agreement that authorizes someone to handle or share in handling the financial matters of another person. A "durable" power of attorney can continue to give power to another in handling financial matters after incapacitation has occurred.

Decedent

Definition:
A person who is deceased.

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Resource Center

 

 

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Hot Topics

 

  • Creating A Trust
  • Types Of Trusts
  • Modifying A Willl
  • Types Of Wills
  • Disinheriting Family
  • Selecting An Executor
  • Protecting Assests

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Kansas City Wills & Trusts Attorney

 
If you live in the following cities and need a Wills & Trusts Attorney you should contact our Wills & Trusts Attorneys as soon as possible:

  • Arnold
  • Ballwin
  • Belton
  • Blue Springs
  • Cape Girardeau
  • Chesterfield
  • Columbia
  • Fenton
  • Florissant
  • Grandview
  • Independence
  • Jefferson City
  • Joplin
  • Kansas City
  • Lebanon
  • Liberty
  • O Fallon
  • Poplar Bluff
  • Rolla
  • Saint Charles
  • Saint Louis
  • Saint Peters
  • Sedalia
  • Sikeston
  • Springfield
 


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