USF St. Petersburg campus Faculty Publications
There is no free lunch: Understanding and preventing estate planning fraud.
Document Type
Article
Publication Date
2018
ISSN
2156-5155
Abstract
Financial planners are expected to oversee all facets of their clients’ financial affairs, including estate planning. With estate planning fraud on the rise, financial planners, as well as their clients, are exposed to potential trouble. Education of and awareness by financial planners and their clients lies at the heart of preventing this fraud from occurring in the first place. This article provides a tutorial on the basics of wills and trusts, presents red flags that financial planners can use to identify possible fraudulent situations, and offers advice on how to avoid professional liability with regard to estate planning fraud.
Publisher
Academy of Business Education
Recommended Citation
Schmidt, M., & Stowell, N. F. (2018). There is no free lunch: Understanding and preventing estate planning fraud. Journal of the Academy of Business Education, 19, 52-69.
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Comments
Citation only. Full-text article is available through licensed access provided by the publisher. Members of the USF System may access the full-text of the article through the authenticated link provided.