Trust Scams Are on the Rise: Here’s
What You Need to Know
It truly is hard to fathom that there could be a downside to establishing a Trust. The positives are everywhere: avoiding probate, maintaining privacy, protecting assets over the long term, and, perhaps most important of all, creating a clear plan for your family. And yet, trust scams are on the rise—proving that we cannot have nice things.
A comedian hilariously coined the phrase, “This is why we cannot have nice things,” decades ago. Perhaps you even heard your parents or grandparents invoke it with a mix of humor and frustration because something perfectly good was misused, overcomplicated, or taken just a step too far. Which brings me back to the topic of Trusts. These crucial estate planning documents are powerful, legitimate tools that are used most of the time appropriately.
To learn more, read Leigh's full blog.
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