Living Trust Dinner Seminars

A client called to say he got a direct mail invite to a living trust dinner seminar.

At the seminar, act 2 would be some awesome chicken vesuvio. But, in act 1, the presenter promised to reveal several important provisions that should be in every trust, so the trust didn’t “fail.”

My client wanted to know if the trust I did for him a few weeks ago had “the 11esssential things” that the mailer said were needed in all living trusts.  I reassured my client that it had these provisions. My client said he could go to a living trust dinner once every week, if he had the fortitude to suffer through the presentation.

The worst living trust seminars are put on by annuity sales guys.  They will try to get you to invest every spare cent you have, including all IRA money, in annuities.  You never meet with an attorney. These are called “trust mills” and you want to avoid them.  Some trust mills get sued.

Attorneys put on living trust seminars too.  Most seminars like to use the words “nursing home,” “medicaid” and “probate” a lot.  Most attorney seminars are average at best. The seminar attorneys tend to charge quite a bit for their trusts. That’s because they have to factor the cost of feeding dinner to 40 people into it.

Share and Enjoy:
  • Print
  • Digg
  • Facebook
  • Google Bookmarks
  • LinkedIn
  • StumbleUpon
  • Twitter
  • email
  • Netvibes
  • Posterous

Related posts:

  1. How to Review a Living Trust
  2. Wall St. Journal and Living Trusts
  3. Savings Bonds in Living Trust
  4. Cautionary tale: Cook Co; Deeds to Living Trusts & Real Estate Tax
  5. What can't go in a living trust? Treasury Direct

One thought on “Living Trust Dinner Seminars

  1. Free Seminars fall into one of four categories…
    Attorney Seminars where the attorney is really marketing for new clients,
    Free Lunch/Dinner Seminars most of which are being investigated by various State Attorneys General,
    Seminars where the goal is to sell the annuities or other wholly inappropriate investment vehicle, and
    The Sales seminar where the presentor is pushing the cookie cutter package of forms for $1000 (after the $300 sign-up at the seminar discount) and that same package can be had at the local office supply store for thirty bucks. My advice is go to the attorney marketing seminar and stay away from the other three

Comments are closed.