Living Trust Mills Exploit Seniors by Selling Other Financial Services

CA living trust mill scams often target senior citizens, using estate planning as an excuse to sell expensive insurance policies and bad investment ...

'Trust mills' have duped countless seniors: Here's how to avoid them

... service in nearly all cases was the creation of a living trust portfolio. ... elderly were exploited and sold legal plans and financial ...

Beware of Trust Mills - Contra Costa County Bar Association

... living centers, churches and other places where seniors gather. ... Unscrupulous Trust Mills Can Result in Claims for Financial Elder Abuse.

AG Ferguson wins historic $14.5M after trial on “trust mill” scheme

CLA Estate Services, Inc. and CLA USA, Inc. earned millions deceptively selling estate-planning services and annuities to Washington seniors.

Attorney General Lockyer Warns Seniors about "Living Trust Mills ...

Attorney General Bill Lockyer today warned California consumers to be on the lookout for "living trust mill" con artists who fraudulently sell trusts and ...

Living Trust Mills - Becker & House

... sales agents find out about the seniors' financial assets and investments. ... sell Living Trusts together with annuities and other investments; ...

Elderly at risk from Will and Trust Mill scams - Morgan Legal Group

Protect elderly loved ones from financial scams. Learn about the risks posed by Will and Trust Mills and how to safeguard their assets.

Living-trust scams target the elderly | Spokane Journal of Business

... other insurance and investment products made along with a pitch for a living trust. The vast majority of financial services people are ...

Claims of Exploitation of the Elderly in the Sale of Financial Products

... sale between the insurance company or financial services company and the senior purchaser. ... living trust mill. Two years ago, a state appeals ...

THE DANGER OF LIVING TRUST SCAMS HEARING

probate in an effort to sell their documents, as well as other financial products, to older ... trust, but other financial services, such as ...

Elderly at risk from Will and Trust Mill scams - Yahoo Finance

In this type of scam, a company advertises very low-cost wills and trusts, as low as $399. They then use high-pressure sales tactics to sell ...

Beware of non-attorney “living trust” salesman infiltrating the web

If they are only selling a financial organizer that people ... living trusts, along with other bogus financial products, to senior citizens.

Attorney General Lockyer Files $110 Million-Plus Lawsuit To Stop ...

... financial security," said Lockyer. "Living trust mills such as this one violate not only the law, but the trust of their elderly victims. My ...

Living Trusts in the Unauthorized Practice of Law - ScholarWorks

An elderly couple retained the services of Schramek to prepare a living trust. ... With modern technology and the use of toll-free numbers, trust mills from other ...

The Dangers of Living Trust Mills - Advance Planning

Trust mills don't provide estate planning services, but instead aim to turn a profit by selling financial services. Trust mills typically ...

Trust Mills and the Unauthorized Practice of Law: What is Your Duty?

Free estate planning is a method to entice customers to. • purchase annuities or other financial products that may ... Elder Web, Senate Committee Investigates ...

L.A. County Estate Planning & Probate Blog | The Law Firm of ...

Living Trust Mills Exploit Seniors by Selling Other Financial Services. CA living trust mill scams often target senior citizens, using estate planning as an ...

6.4 Million Dollar Fine Slapped on 'Trust Mill' in Landmark Case

... senior citizens into buying $2,000 prepaid legal services ... However, the only legal service in nearly all cases was the creation of a living trust portfolio.

Trust mills: What to watch out for - LegalZoom

... sell individuals (typically seniors) an investment under the guise of estate planning. ... You can speak to an attorney about a living trust or ...

Seniors Being Tricked By Aggressive Sales Tactics For Living Trusts

... other financial services that cost much but produce little in the way of gain. One study pegged the annual cost to seniors by these flim ...