Professional Trustee?

By: Marguerite C. Lorenz, CTFA, CLPF, Lorenz Fiduciary Services, Inc. Current Chairman of the Fiduciary Bureau Advisory Committee, Co-Author of “Ethics for Trustees” ( Please, Click here to READ the Full Article… Please, Click here to READ the Full Article…  

Elder Law: Driven by money Heir Hunters Spring into action

Sometimes a person passes away and there are no apparent heirs.  This situation may involve a person who died without a Will. This also happens when a person dies with a Will, but the named beneficiaries are deceased or cannot readily be found.  Or, it happens when an original Will cannot be located, but a Read More

Can Your Client Get Out of a Contingent Fee Heir Finder Contract?

Asked to sign a contingent fee heir contract to be taken to the pot of gold, some clients will sign without competent legal advice. If your client does that, is it too late to cancel the contract or negotiate a more reasonable fee?  Robert E. Kass, JD, LLM, is a Detroit-based estate planning and administration Read More

Know All the Facts Before Retaining Help with Your Heir-Search

Recent Pennsylvania legal ethics opinion illustrates why you need to monitor state laws  about heir finders and genealogical search firms. By: Robert G. Alexander, JD, LLM Key Takeaways 1)  By identifying and locating missing and unknown heirs, reputable heir-finding firms provided a needed service, necessary for the efficient and proper administration of estates and trusts. Read More

The Heir-Tracing Industry Explained

Percentage-Based Firms aka Heir Hunters Reap Exorbitant Fees When probate attorneys and trust officers file public record intestate estate notices, the information immediately galvanizes professional “heir hunters” whose success in this multi-million-dollar business is governed by three aggressive imperatives. They strive to be the first to find one or more of the estate’s missing heirs, Read More

Put Yourself In The Missing Heir’s Shoes!

Have you ever wondered what would happen if your name turned up on a “missing heir” list in some trust officer’s or attorney’s office? Would they be able to find you? How would they do that? Would it cost you money to become a beneficiary? Maybe they would never find you. What then?

The Voidability of Heir Hunter Contracts

1 The fees, charges, or consideration paid or agreed to be paid by a beneficiary are grossly unreasonable;
2. The transfer, agreement, request, or instructions were obtained by duress, fraud, or undue influence.”

Key Findings from the 6th Annual Industry Trends Survey

Results are in from the 6th Annual Industry Trends Survey which took place from September 5, 2012 to October 19, 2012. The survey drew participation from nearly 1,500 industry professionals comprised of estate and business planning attorneys, certified public accountants, certified financial advisors and planners, registered representatives, insurance advisors, and other wealth management professionals. Powered by @WealthCounsel

Senate Bill 236

Limiting the Amount Percentage-Based heirsearch firms may charge an heir directly

Oregon State Bar legislation

This Oregon State Bar legislation designed to limit percentage-based heir search firms from collecting finders fees from heirs within one year of the decedent’s date of death and to set limits on the percentage such firms can collect.

National Association of Unclaimed Property Administrators (NAUPA)

Start Your Free Search for Money That Might Be Due You. Go directly to a government unclaimed property program by clicking on a state, territory, or province from the map or drop box below. You should search in every state where you have lived.

Missing is officially endorsed by NAUPA and the participating states and provinces. Our site will assist you in thoroughly searching all participating states to find your family’s missing, lost, and unclaimed property, money and assets.

Pension Benefit Guaranty Corporation (PBGC)

Finding an Unclaimed Pension. You, or someone you know, may be owed a pension. Below are options for searching PBGC’s list of pensions that have been earned, but are unclaimed.

FHA Refund Alerts! – U.S. Department of Housing and Urban Development

You should be careful about any literature or solicitations stating that a change in HUD’s, FHA’s or the government’s policy will prevent you from receiving your refund and that you should call their office immediately.
The Office of Housing provides vital public services through its nationally administered programs. It oversees the Federal Housing Administration (FHA), the largest mortgage insurer in the world, as well as regulates housing industry business.

Heir Search Video

Heir Search video from Alexander Haig and World Business Review.