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February 06, 2012
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Probate Law News

 

Three Senior Citizens Sentenced in Financial Scam Targeting Elderly

Insurance Commissioner Steve Poizner announced today the sentencing of three senior citizens who preyed on the elderly by selling them financial products that were unregistered and unqualified for sale in California. All three pleaded "No Contest" following an investigation by the California Department of Insurance's (CDI), Investigation Division, Valencia Regional Office landed them in court.

"It seems that fraud knows no age limit," said Insurance Commissioner Steve Poizner. "But it is particularly disturbing when senior citizens seek to take advantage of other, more vulnerable elderly citizens."

On January 18, 2007, Lawrence John Deovlet also known as Lawrence John Hartunian, 64, of Westlake Village pleaded "No Contest" to one count of Corporations Code 25210, Unlicensed Broker-Dealer. Deovlet was ordered to pay $500,000.00 in restitution to eleven victims, commit no further violations of the Corporations Code, serve one year unsupervised probation, pay a $200 restitution fine and a $20 court fee. Read more at insurance.ca.gov.

 

 

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Did You Know?    
 
 
It Is Not Wise To Handle Probate Without A Lawyer
Probate is a very complicated and formal process. There are no requirements to use a lawyer, but it is not wise to do so. Even the smallest detail that is missed or left out can cause everything to come to a halt, exposing everyone to liability.

 


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Latest news about probate cases in Ontario and nationwide:

What Is A Housing Court Is It Just Limited To Landlord And Tenant Problems
No. The Housing Court jurisdiction extends to almost all areas that relate to residential housing. There are many occasions where homeowners can ut...
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What Is The Lawyer's Role
It is easy to be lured by advertisements claiming you can save time and money by drafting your own will using do-it-yourself software or fill-in-th...
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To Will Or Not To Will" Has Been Prepared To Inform The Public Of What Happens Legally To The Property Of A Person
To Will Or Not To Will" has been prepared to inform the public of what happens legally to the property of a person when he or she dies with a will ...
Read more >


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Probate Terms

 
 


Today's Terms

Power of attorney

Definition:
A legal agreement that authorizes someone to handle or share in handling the financial matters of another person. A "durable" power of attorney can continue to give power to another in handling financial matters after incapacitation has occurred.

Jointly held bank account

Definition:
A bank account that is held by two or more people each of whom has a right of survivorship.

Living Trust

Definition:
A living trust is an estate planning device that allows a person to transfer assets to one or more persons before and after they die.

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Probate Resources

 


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Probate Hot Topics

 


Topics Related to Probate:

  • Probate Court
  • Last Will and Testament
  • Living Will
  • Power of Attorney
  • Trust Planning
  • Asset Protection
  • Special Needs Trusts

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Ontario Probate Attorney

 
If you live in the following cities and need an probate attorney you should contact our Probate Attorney as soon as possible:


  • Antioch
  • Bell
  • Hawthorne
  • Long Beach
  • Los Angeles
  • Norwalk
  • Oceanside
  • Pacoima
  • Santa Ana
  • South Gate
  • Norwalk
  • Oceanside
  • Oxnard
  • Pacoima
  • Pittsburg
  • Santa Ana
  • South Gate
  • Sylmar
  • Watsonville
  • Westminster
  • Fremont
  • Fresno
  • Hawthorne
  • Hayward
  • Hesperia
  • Huntington Beach
  • Huntington Park
  • Indio
  • La Habra
  • La Puente
  • Laguna Niguel
  • Lake Forest
  • Lancaster
  • Livermore
  • Long Beach
  • Los Angeles
  • Lynwood
  • Merced
  • Milpitas
  • Montebello
  • Moreno Valley
  • Napa
  • North Hollywood
  • Norwalk
  • Oceanside
  • Ontario
  • Oxnard
  • Pacoima
  • Palmdale
  • Panorama City
  • Pico Rivera
  • Pittsburg
  • Pomona
  • Porterville
  • Reseda
  • Rialto
  • Riverside
  • Rosemead
  • Sacramento
  • Salinas
  • San Diego
  • San Francisco
  • San Jose
  • San Pedro
  • Santa Ana
  • Simi Valley
  • South Gate
  • South San Francisco
  • Sylmar
  • Tulare
  • Union City
  • Vacaville
  • Victorville
  • Vista
  • Watsonville
  • Westminster


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