Protecting Your Privacy: Getting a Trust Isn't Always About Protecting Your Assets

protecting your family's privacy?

In his article "Addressing Client Privacy," attorney George H. Lovett points to statistics from the Federal Trade Commission showing that in 2011, agencies registered 1.8 million scam complaints, costing the victims over $1.5 billion. Consider these numbers along with the fact that Ohio has one of the strongest open public records laws in the country, and the stage is set for scam artists to take advantage of unsuspecting Ohio citizens.

When a trust is used as part of an estate plan, the probate process can often be bypassed if the trust is fully funded.  By keeping your personal and financial information out of probate court, you are protecting your family from unnecessary risks arising from easy access to public information.

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