The State Bar of Michigan seminar, "A Living Trust Education Initiative: Who Should You Trust? Avoiding Estate Planning Mistakes" provides essential estate planning information and the warning signs of deceptive annuity sales practices that could potentially jeopardize your economic stability. Attend the State Bar of Michigan's free seminar on
Wednesday, Oct. 11, at 3 p.m., hosted by Senior Resources at Tanglewood Park, 560 Seminole Road, Muskegon, to gain empowerment in making estate planning decisions.
During the presentation, you will learn how to identify and avoid "trust mill" scams. These scams tout the benefits of a "trust-based" estate plan irrespective of specific needs and make exaggerated statements about the probate administration process to create a seemingly convincing story on why a "trust" and an annuity are the only good estate planning choices. The annuity's long-term investment requirements, the hefty penalty for early withdrawals, and the salesperson's commission are typically buried in the paperwork. The percentage-based commission provides substantial incentive for the annuity salesperson to quickly close the deal. These aggressive annuity sales tactics have also been effectively used against veterans applying for Veteran Affairs benefits. Come to this seminar to become aware of these sales tactics used to gain access to you and your hard earned savings.
It is important to make sure that the person giving you estate planning advice is a licensed lawyer concerned about your best interests and last wishes and not about making a commission on a sale. If you already have an estate plan in place, this seminar will help you to gain peace of mind that you can ignore solicitation from non-lawyers suggesting that something more is needed. Attend the seminar to avoid becoming an unsuspecting victim and receive a specially-designed folder containing essential estate planning information and easy-to-remember reminders of the warning signs of trust-based estate planning and annuity scams.
For more information, contact State Bar of Michigan Professional Standards Division Paralegal Amy Emmons at (517) 346-6343 or email at