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February 06, 2012
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Probate Law 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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Did You Know?    
 
 
You May Be Able To Avoid Probate
A living trust is one way someone may be able to eliminate the need for probate. This trust holds legal title to your property after your death and will survive you after your death. Always consult a probate lawyer first.

 


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Latest news about probate cases in Maine and nationwide:

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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Trusts Are Designed To Distinguish Between Income And Principal
Trusts are designed to distinguish between income and principal, as many of them, especially older trusts, provide for income to be distributed to ...
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The Mission Of The Real Estate Probate And Trust Law
The mission of the Real Estate, Probate and Trust Law Section of the State Bar of Texas is to provide support to its members and other attorneys pr...
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Probate Terms

 
 


Today's Terms

Personal representative

Definition:
The person responsible for the administration of an estate. This includes paying creditors and heirs.

Revocation

Definition:
In terms of wills, the process or act of canceling or destroying an existing will.

Assets

Definition:
All property owned by a person that can be used or made available to use in the payment of debts and heirs.

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Probate Resources

 


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Probate Hot Topics

 


Topics Related to Probate:

  • Probate Court
  • Last Will and Testament
  • Living Will
  • Power of Attorney
  • Trust Planning
  • Asset Protection
  • Special Needs Trusts

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Maine Probate Attorney

 
If you live in the following cities and need an probate attorney you should contact our Probate Attorney as soon as possible:


  • Auburn
  • Augusta
  • Bangor
  • Biddeford
  • Brunswick
  • Lewiston
  • Portland
  • Saco
  • Sanford
  • Scarborough
  • South Portland
  • Waterville
  • Westbrook
  • Windham


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