Recently, Business in Savannah offered some advice to seniors about avoiding these scams in “Seniors vulnerable to scams on trusts.”
The advice includes:
- If you do not understand the terminology of a document, do not sign it.
- Pressure tactics such as limited-time offers and numerous phone calls are a sign of a scam.
- If a living trust company tells you that it is affiliated with a national organization, verify the affiliation independently.
- If you do sign something and have second thoughts, by law you have three days to cancel a living trust deal if you purchased it outside of the company’s regular business office.
Concerned seniors can work with an estate planning attorney to gain more knowledge of probate.
