Hiring an attorney to help smooth out the estate planning is a good idea for a number of reasons. Estate law is complex, and you when there is a dispute about an estate, take it from us it can get messy.

Planning in advance can save a lot of headaches later. But hiring an attorney isn’t as easy as clicking on the first result you see on Google. You need someone who understands your goals and is transparent about the prices and the process.

We’ve been hearing reports of estate planning scams that we wanted to discuss today. An article in Forbes described some red flags you should watch out for:

Beware of the trust mills, one of the new estate planning scams

In talking with estate planning experts, the one common warning is to be on the lookout for “trust mills.” The National Consumer Law Center describes these scammers as dishonest salespeople who prey on seniors’ fears that after their deaths, their life savings and assets will be stolen by the government or by predatory probate attorneys. Likewise, both the Federal Trade Commission and AARP have issued warnings about living trust promoters.

Experts also say you should beware of terms such as “Pure,” “Pure Equity” or “Constitutional” Trust — these can be even worse than the living trust scams.

The full article is available here: (https://goo.gl/99fvQA)

NickDupre

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