LA Probate Law Talks about Stealing an Estate
Unless waived, a personal representative is required to render an accounting prior to distributing any assets. If you believe that the personal representative is not being truthful, an interested party is entitled to challenge the proposed accounting and even force disclosure of financial records says LA Probate Law. Accounting for missing assets is going to depend on proof and possession. For instance, if you know that the decedent had a special ring but it cannot be found, it may be difficult to show that the personal representative was responsible for its disappearance. Where a personal representative has taken assets, however, the probate court has broad powers to order their return or damages to compensate for the loss.
Criminals
Organized Crime has a Procedures Manual for destroying families and stealing their estates. It’s NOT pretty. Knowing how these crimes work will help you to protect yourself and your loved ones. Many people report very similar experiences. For the most part, there is no single crime called “fraud.” However, fraud is an intrinsic part of a number of offenses, most notably those in the theft category says LA Probate Law. The early theft crime of larceny required a taking of property from the possession of another; therefore using deceit to take the property of another that had been entrusted to the offender was not punishable because it was not larceny.
Impersonations
Property fraud happens in many ways, but typically a fraudster will impersonate a homeowner and forge documents to try to persuade Land Registry to transfer the title into their name. They then use the property to raise a mortgage from a bank – and disappear with the money expresses LA Probate Law. Identity theft occurs when someone appropriates another’s personal information in order to commit theft or fraud. The Federal Trade Commission collects complaints about companies, business practices, identity theft, and episodes of violence in the media. In fact, fraudsters often target properties where the owner is absent – for example if the owner is a landlord, lives somewhere else for part of the year, is in residential care, or has died leaving the property held in trust.
Reporting Fraud
Fraudulent activities should always be reported to your local law enforcement office. The following is additional information on how specific types of fraud complaints or cases of suspected fraud can be submitted to federal agencies. The report of elder financial exploitation should be made to each state’s adult protective services, which can be accessed by the eldercare locator website says LA Probate Law. Protect your loved ones by creating a living will that allows you to express your preferences about medical treatment and end of life important decisions in the event you are unable to communicate them. A living will lets you specify decisions about artificial life support in advance. It not only ensures your wishes will be heard, but also protects your loved ones from having to make these difficult, deeply personal choices for you. I also emphasize that tweaking the documents (“amending” the documents, in legalese) is very easy and very inexpensive, assuming that the change is not overly-complicated.
LA Probate Law Talks about Stealing an Estate
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