Arizona Estate Planning Lawyer & Attorney : Stephen Follett Law Firm : Probate Law and Trusts : Gilbert, Phoenix, Arizona

I saw first hand the havoc caused by "financial planners" who used that self bestowed title to sell improper investments to seniors. Many were cheated out of their life savings while the "financial planner" made his money and went on to the next victim. Beware! There is no "free lunch" as this article demonstrates. Investigations actually showed that many of the free lunch seminars were:

high-pressure sales pitches masquerading as educational sessions, pervasive misleading claims for unsuitable financial products, and even fraud.

Seminars are useful tools to learn about investing and estate planning from experienced professionals. However, care should be taken to ensure that the seminar is an educational experience. Avoid seminars that are touting the latest and greatest product, investment, living trust, etc.

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Leona Helmsley's will can be found here. The most famous provision of her will is the $12 million for her dog in a pet trust. Although, New York apparently requires that money left to pets must be reasonable. Not sure how much even a pampered dog needs. Leona left money to two grandson's and required that they visit the grave of their father, her son once each year to obtain their inheritance. Her chaufer got $100,000. She also left $3 million to a trust to have her mausoleum cleaned yearly. Most of her estate went to a charitable trust she established.

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