The greatest wealth transfer in history is here
In an era of surging home and stock values, U.S. family wealth has soared. The trillions of dollars going to heirs will largely reinforce inequality. TALMON JOSEPH SMITH AND KARL RUSSELL THE NEW YORK TIMES May 14, 2023, 12:56PM An intergenerational transfer of wealth is in motion in America — and it will dwarf any of the past. Of the 73 million baby boomers, the youngest are turning →
Elvis Estate Challenged by Priscilla
Joseph Novak, CC BY 2.0, via Wikimedia Commons The sad story of Elvis Presley's daughter, Lisa Marie Presley, helps illustrate why our company will be so valuable to so many people. LMP died three weeks ago. After her death, her mother Priscilla was surprised to learn she would not be managing the estate for her grandchildren. She has decided to challenge the estate. As I've →
Sonoma Co. Attorney Arrested – Embezzlement from Family Trusts
Santa Rosa Police arrested a local attorney on charges of embezzlement and fraud in connection with the theft of more than $500,000 from trust funds he was managing. Michael Voorhees of Windsor faces seven felony counts, Santa Rosa Police Sgt. Chris Mahurin said Thursday. “Based on interviews and evidence obtained through search warrants, detectives believe the suspect was illegally writing checks to himself from the trust accounts,” →
Santa Rosa senior’s terrifying experience sheds light on pattern of elder abuse
PHIL BARBER THE PRESS DEMOCRAT In 2018, Betty Racicot got a call from a distant cousin who had helped care for Racicot’s ailing mother in the final weeks of her life. The cousin needed a place to stay, and so did her adult son. Racicot invited them into the cozy Santa Rosa house she had owned for 20 years. The visitors arrived in a rented car →
Illuminote Launches DARCI A New Service Designed to Put a Halt to Elder Financial Abuse
Santa Rosa, CA: Illuminote today announced the launch of DARCI (Document and Agency, Registry and Clearinghouse, by Illuminote), a new service. DARCI prevents fraud, forgeries, and undue influence against estate planning documents and the assets controlled by such documents. DARCI is the only service offering a way for individuals to digitally register and thereby secure, their deeds, trusts, wills, and powers of attorney (POA) documents. “Today, we see →
