Sham trusts and trust scams are usually sold at high pressure seminars, by door-to-door salesmen, and on the internet. In some cases, they are recommended by well meaning but poorly informed CPA’s, financial advisors, friends, or business acquaintances. The marketing techniques can be persuasive, and are aimed at all classes of people.
Avoiding Sham Trusts and Trust Schemes Part I Sham Trusts | Estate Planning as a Career