The Milwaukee Wisconsin Journal Sentinel reported this story in “Estate planning lawyer facing prison in fraud plea deal.”

While the overwhelming majority of estate planning attorneys are honest and work in their clients’ best interests, there are bad apples such as Laux that people need to watch out for.

One big clue that Laux was not on the up and up that her clients missed was that she was also running an insurance company and asking her clients to invest with it. It is always advisable to seek a second opinion if an attorney requests that you invest in a business he or she owns. The attorney cannot give you unbiased legal advice about investing in her own business.

Philip J. Kavesh
Nationally recognized attorney helping clients with customized estate planning guidance for over 40 years.
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