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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  
 
Lake Worth Tax Return Preparer Convicted On Tax Fraud, Contempt Charges
R. Alexander Acosta, United States Attorney for the Southern District of Florida, Eileen J. O’Connor, Assistant Attorney General for the Justice De...
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New International Financial Scams Brochure
The Bureau of Consular Affairs (CA) has issued an International Financial Scams Brochure to help Americans identify and avoid financial scams origi...
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What If My Assets Pass To a Trust After My Death
You may make provision in your will for a trust to be created after your death and funded with assets held in your estate. When trusts are created ...
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Common Terms

 


Today's Terms

Enterprise

Definition:
A business.

Security

Definition:
The protection derived from a borrower's pledging land or other kinds of property to assure repayment of a debt.

Appointee

Definition:
A person named by a court to act as conservator, guardian, personal representative, or trustee.

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Hot Topics

 

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

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Massachusetts 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:

  • Amherst
  • Attleboro
  • Beverly
  • Boston
  • Brighton
  • Brockton
  • Chelsea
  • Everett
  • Fitchburg
  • Framingham
  • Holyoke
  • Lawrence
  • Leominster
  • Lynn
  • Malden
  • Marlborough
  • Medford
  • Methuen
  • New Bedford
  • Peabody
  • Pittsfield
  • Plymouth
  • Quincy
  • Revere
  • Salem
  • Taunton
  • Westfield
  • Woburn
 


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