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July 20, 2010
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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  
 
John B. Whalen Consumers Living Trust Mills
Companies advertising "living trusts" sometimes misrepresent the advantages of living trusts. But the most serious problem is the misuse of the fin...
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SEMINAR ON WILLS, TRUSTS, AND ESTATE PLANNING
Attorney Patricia Lee will discuss legal points to consider when developing wills and trusts and give an overview of estate planning.  She has...
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What Happens If I Don't Have a Will
If you die without a will (that is, "intestate"), California law will determine the beneficiaries of your estate. Contrary to popular myth, if you ...
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Common Terms

 


Today's Terms

Succession

Definition:
The transmission of property from one person to another.

Waiver

Definition:
A document used by a person who is fully informed about the consequences of signing it to give up a legal right.

Power of Attorney

Definition:
A written document used by one person (the principal) to give another person (the attorney-in-fact or agent) authority to make financial or other decisions for the principal.

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Hot Topics

 

  • Creating A Trust
  • Types Of Trusts
  • Modifying A Willl
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  • Disinheriting Family
  • Selecting An Executor
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Pennsylvania 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:

  • Aliquippa
  • Allentown
  • Bensalem
  • Bethlehem
  • Butler
  • Carlisle
  • Chambersburg
  • Chester
  • Coatesville
  • Coraopolis
  • Downingtown
  • Doylestown
  • East Stroudsburg
  • Easton
  • Greensburg
  • Hanover
  • Havertown
  • Hazleton
  • Irwin
  • Lancaster
  • Lansdale
  • Lebanon
  • Lititz
  • Media
  • Morrisville
  • New Castle
  • New Kensington
  • Norristown
  • Philadelphia
  • Pittsburgh
  • Pottstown
  • Southampton
  • State College
  • Uniontown
  • Upper Darby
  • Warminster
  • Washington
  • West Chester
  • Wilkes Barre
  • Williamsport
  • York
 


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