Probate Exploitation Is Real
Our Probate Courts are involved in some of the most intimate details of our lives. They primarily get involved in cases of death or disability. Probate records are also public, which can lead to distribution of personal and financial information you would rather not be “out there.”
Privacy concerns in Probate are nothing new. Attorneys have spread the word about these privacy concerns to the public over the years. Many families recognize the disadvantage of having their information in the public domain and have implemented an estate plan to protect their privacy. Some continue to be skeptical and do nothing. I understand the initial reaction of: “who could possibly be interested in my family’s probate records in small town Connecticut which contain nothing valuable other than a house?” One person that may be interested is that real estate investor down the street…
For those of you that think “it won’t happen to me”, consider the following. First, Diamond Farming Probate Real Estate Kit. This is a real estate investing program for sale throughout the United States that, in the words of its creator, “… explains in detail how you can make bargain, and even super-bargain buys, of real estate property going through probate.” Do you still think nobody is going through the Probate Court records to identify desperate sellers in order to make a low bid?
Second, take a look at Court Records Online. This is a company gathering up court records, including Probate records, to have available for retrieval on its website to anyone that is curious. Do you still think your records are going to stay relatively unknown and anonymous in the basement of the Town Hall?
Today’s topic is your information is valuable to someone. It can be someone you never imagined and someone with no personal agenda other than profit. Whether it is someone trying to make a low bid on your real estate for personal gain or a company just collecting public information for curious people someone is watching.
Are you committed to an estate plan that protects your privacy? I can show you proven techniques to preserve your privacy during disability and death. You can reserve your consultation by calling (860) 593-0404.
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