Colorado Probate Blog - Wade Ash Woods Hill & Farley, P.C.

Scams in the Time of COVID

If it seems as if we are always talking about COVID Scams, you are right...

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260 Hits

Love is Blind - Wear Your Glasses

Technology makes it easier for fraudulent lovers to pull off one the fastest growing internet scams...

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385 Hits

USB Charger Scam a/k/a Juice Jacking

Beware of charging cords in your hotel room or in the airport. Los Angeles District Attorney’s Office warns a free charge on your electronic device could end up draining your bank account. Juice jacking happens when an unsuspecting user plugs their electronic devices into a USB port or USB cables that are loaded with malware. People don’t see this scam coming, however, if it is too good to be true, it probably is. This scam uses malware that infects the device giving hackers a way in. They can then read your export data, including your passwords. Rather than use any available charger, you should always carry your own charging device, only charging directly from an electrical outlet and using portable batteries that were bought from known venders. The scam is similar to scammers, who steal debit card numbers by putting illegal card readers or skimmers on ATMs. Don’t let the Grinch steal your holiday season.

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272 Hits

Call It Spoofing Or S-BOO-fing It's No Treat

"Sometimes spammers use spoofed numbers for robocalls..."

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336 Hits

This is What a Social Security Scam Sounds Like

Be cautious of a new social security scam targeting the elderly and the vulnerable...

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258 Hits

Aretha Franklin's Funky Wills

In May, three hand-written wills were found hidden in Aretha Franklin’s Detroit area home. Her family and lawyers previously thought she had died intestate. Two hand-written wills dated 2010 were found in a locked cabinet and third hand-written will dated 2014 was found under a couch in Ms. Franklin’s living room. The wills are difficult to follow. (Click here for example.) All three documents have been offered for probate as valid holographic wills. There is some question whether they are valid under Michigan law.

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497 Hits

Beneficiary Designations May be Dangerous to Your Estate Plan

Traditionally, the central document in an estate plan was a will or revocable trust. For many people, that continues to be true, but it is now possible to pass almost any kind of property outside the terms of your will. For example, this can be done by adding the beneficiary as a joint owner on a bank account, by naming the beneficiary as a “pay on death” (POD) or “transfer on death” (TOD) payee on a stock or securities account, or by signing a “beneficiary deed” that names a beneficiary to become the owner of real estate when you die. Colorado recently added automobiles to the list of assets that can pass by a TOD beneficiary designation. These arrangements, which I refer to generically as “beneficiary designations” can be useful, but they can also seriously disrupt a careful estate plan if they are done without care and appropriate advice.

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1020 Hits