Tuesday, September 15, 2009

Estate looting 101: how the goods are gotten when the will gets in the way

Posted by: Jessie Bruyn

The looting of estate assets, also known as Involuntary Redistribution of Assets (IRA), can occur through the use of various probate instruments - wills, trusts, guardianships, powers of attorney - and with the actual acts configured in different ways. Guardianships or powers of attorney can provide for estate looting while a person is alive, but asset diversion can be perpetrated posthumously via wills or trusts. Whether these acts are instigated by greedy lawyers, disgruntled family members or wannabe heirs (or often a combination), the sad reality is that death doesn’t necessarily bring the closure one might expect. Death, even with the most meticulous of estate plans, in no way ensures the honoring of a decedent’s wishes or heirs' avoidance of IRA.

Click Here for more

1 comment:

  1. Forex does not take рlace, you will not
    get аnу farthеr electronicаlly online
    dаtіng ѕtοcks than you would bе down around 10% this year, and the currency spreads cost to enter a trade long.

    Feel free to visit my webpage - 1datingintheusa.com
    my webpage - 1datingintheusa.Com