The conspiracy to fleece your estate
Since the days of the Roman Empire, the long, complex, and costly probate procedure required at death has bewildered the public.
For more than twelve centuries, this quandary has been deliberately orchestrated by a conspiring legal profession. For more than a millennium the ruse has succeeded in intimidating grieving and confused families of the recently deceased into the arms of general practice attorneys who earn up to 20 percent of their annual income needlessly skimming thousands of dollars off the top of estates.
The Living Trust, which became a part of English Common Law nearly 500 years ago and does away with the need of probate at death, was, until recently, covered up by the legal profession and rarely offered to clients as an estate planning alternative for no other reason than to preserve attorneys’ exorbitant probate fees.
To the dismay of the attorneys, the best-selling books, How to Avoid Probate, published in the early 1960's by estate planner Norman Dacey, and its sequel How to Avoid Probate by Creating a Living Trust, published by myself in 2004, let the cat out of the bag and blew the lid off this centuries-old rip-off.
Consequently, to squelch public interest in Living Trusts, attorneys have desperately sought not only to discredit whistle blowers such as Mr. Dacey and myself, but have distorted the trust as a complicated and costly set of documents that only an experienced attorney can draw and that most people do not need.
Nothing could be further from the truth!
Hence, the purpose of this website workshop is threefold:
1. It reveals in easy-to-understand, layman’s language how quickly, easily and inexpensively almost anyone, without the assistance of an attorney, can privately establish a legal, foolproof, probate-avoiding, tax-saving Living Trust in just a day or two.
2. With a million attorneys in the United States alone and a trade association of immense clout (The American Bar Association), the legal profession has become the world's largest club. Out of fear of disbarrment, each attorney looks out after the welfare of all the other attorneys, honest or dishonest. Thus, this website discloses the misrepresentations, propaganda, and downright malpractice many attorneys, sympathizing national and state bar associations, and various state attorney general offices are willing to speak, commit and publish to maintain their fellow attorneys' income from the lucrative cash cow of asset transfer to the next generation.
3. At its completion, it affords the reader the opportunity to organize a completely legal, foolproof Living Trust online, customized for the individual use of the reader's family (not a one-size-fits-all kit) for about 15-20 percent of the cost of a local attorney.
Here is a sampling of the enlightenment awaiting you in the lessons ahead:
1. Learn what Probate really is, why it is necessary, why it is essential that you fully understand how Probate works, and, if you choose to do nothing about it, which of your assets will require probate and which ones won’t.
2. Learn that a will is a centuries-old tool of entrapment engineered by the legal profession that leads your estate straight into Probate Court for a long and expensive stay.
3. Learn why giving your children joint or total ownership of your assets before you die is one of the most serious estate-planning mistakes you can make; how it will not only make you a party to your children’s financial hassles with their creditors but also set your children up for capital gains taxes far surpassing the cost of probate!
4. Learn how and why a Living Trust avoids every headache of probate and joint ownership by legally transferring your assets to your loved ones after you die in three to ten days, usually for less than $50 total cost. No attorney should be needed.
5. Learn why there is absolutely no need to reveal to an attorney or estate planner the size of your estate, your mortgages, your debts, or the types of assets your hold. Nor are you required to advise the mortgager of your home that you are placing the property in a trust. Only the names of the trustees, the names of the beneficiaries, and how and when you want your beneficiaries to receive their inheritances must be listed in the trust documents.
6. Learn that all married couples currently have a total Federal Estate Tax exemption of $4-million and how they almost always manage to squander half of that exemption by allowing their assets to remain in joint ownership.
7. Learn how anyone of sound mind can set up their own ready-to-sign, customized, completely legal, foolproof, probate-avoiding, tax-saving Living Trust in 72 hours for $295 to $495; no attorney or legal assistance is required.
Go to Lesson 2
