How Using a Will May Expose Your Family to Scams
Just one of the many differences between a will and a trust is that wills are a matter of public record and trusts are confidential documents. As a result, if you choose to divide your estate by means of a will instead of a trust, you may be opening yourself or your heirs up to scams.
What Someone Can Learn from Your Will
If a scam artist is looking for a big score, all he has do is look through public records to find wills that divide up large estates. Now he can either go after that money through trying to run a scam on you personally, or if you don’t fall for it, he can add your heirs to a list and wait patiently for them to inherit the money.
How Much Do Scams Cost Seniors?
In just the first 3 months of 2016, more than 1.7 million dollars were stolen from seniors in the US using phone scams alone. That is hard earned money that should have gone to loved ones rather than a conniving stranger. Here’s one way to take the target off your back.
Safe Estate Planning Techniques
Implement safer estate planning methods by calling Petrov Law Firm. Our estate planning attorneys can help you set up a confidential living trust. No one should know how much money you have, and only your family should get it. Call 619-344-0360 today to schedule a consultation with the San Diego estate planning lawyers you can trust.
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