The Attorney General for the State of California recently WARNED the public of companies who advertise living trust sometimes misrepresent who is preparing these important documents.
"But the most serious problem is the misuse of the financial information sales persons obtain to prepare a living trust. Unfortunately, this information is used to sell unneeded annuities and various investments, most often to senior citizens."
As a probate lawyer practicing in the State of California, I have seen the results of these purchases in that sales people take advantage of people in selling overpriced, poorly written, and confusing documents that lead to utter disaster in expensive litigation and many times do not fulfill the wishes of the giver.
BUYER BEWARE - Many of these sales people are NOT attorneys but pose as attorneys or "financial planners" or "paralegals" to set up appointments. They will promise you an attorney will review the documents or anything in order to gain a purchase. Once your money is paid they proceed with selling you other products which are very likely not in your best interest.
The Attorney General warns the public to stay away from these people. Beware of letters or pamphlets including those whom claim to be associated with other government or private organizations in order to gain your confidence.
The State Bar of California can not and does not regulate these people - they are not attorneys. Unfortunately once the damage is done your only recourse is filing a law suit or just destroying the documents and starting over.
The Law Office of Frank J Prainito, A Professional Corporation has been practicing law for morethan 15 years with an outstanding record with the State Bar of California - and has been a member of the San Bernardino Community throughout that time.
If you would like a FREE consultation regarding a living trust or will, please call me at this number - 909-4813626 - to schedule an appointment. I will review your current documents and give you my opinion or prepare new documents at much much more affordable prices than what you paid the unlicensed, unregulated, nonprofessional.
LAW OFFICE OF FRANK J PRAINITO, A PROFESSIONAL CORPORATION, 8300 UTICA AVE., SUITE 245, RANCHO CUCAMONGA, CALIFORNIA, 91730.
