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Inheritance Heists : Reclaim Your Family's Legacy and Fight Back Against Financial Predators - Michael Hackard

Inheritance Heists

Reclaim Your Family's Legacy and Fight Back Against Financial Predators

By: Michael Hackard

Paperback | 13 February 2025

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America's "Great Wealth Transfer" contains the promise of inheritance - over $50 trillion in assets for our children and grandchildren - but also hidden peril. Inheritance heists are a real threat to seniors and their families. As the Baby Boomer generation enters its twilight years, the opportunities for elder financial exploitation only grow. It's easy to overlook the danger that a lifetime of hard work, a family's entire legacy, can be hijacked by thieves who are close to the assets during transfer. Oftentimes the thief is a family member or caregiver.

In Inheritance Heists, veteran California attorney Michael Hackard shares his five decades of experience to pinpoint the red flags that heighten an estate's vulnerability to unlawful appropriation, from cognitive decline and stepparent dynamics to the rapidly evolving landscape of digital assets. Just as critically, Hackard provides the best safeguards and legal strategies to help you stop an inheritance heist before it's too late.

Industry Reviews

"As a trust and estate litigator and partner at Trust Law Partners, I've

spent over two decades navigating complex inheritance disputes. Yet

Michael Hackard's 'Inheritance Heists' offers fresh insights even for

seasoned practitioners. Drawing from five decades in the field,

Hackard masterfully dissects contemporary challenges - from care-

giver exploitation to cryptocurrency theft - while providing practical

solutions. His innovative analysis of contingency fee arrangements is

particularly valuable. What sets this work apart is Hackard's deep

understanding of both the legal and emotional dynamics of inheritance

disputes. An essential resource for anyone practicing in California's

estate litigation landscape."

Jeï¬ Loew, Partner, Trust Law Partners, California

"I serve the court in matters of estate and civil litigation when acts of

fraud, waste, and undue influence are so egregious it rises to the neces-

sity to have an independent fiduciary take full possession and control

of assets, including real property, investment accounts, and businesses.

My role is sometimes referred to as the "nuclear option" to protect and

preserve the Estate until the litigation is resolved. In my world, every-

thing that can go wrong does go wrong. That is why I implore people

to take notice and learn from the real examples and exceptionally

knowledgeable advice Mike shares in this book. I have worked with

Mike on litigation matters over the years and what I most appreciate is

Hackard Law offers people who cannot afford to hire legal services an

opportunity to pursue their equitable rights to receive what was

denied to them by bad actors with skilled and effective practices in

law."

Daniel Collins, Court Appointed Receiver, Collins Commercial

"Inheritance Heists by Michael Hackard explores the complex world of

estate and trust litigation. The book reveals how family legacies can be

undermined by manipulation, undue influence, and deception.

Hackard, a veteran attorney, uses real-world case studies to expose

inheritance challenges, including trust distribution disasters, caregiver

exploitation, and family conflicts. The book introduces Hackard Law's

innovative contingency fee model, which expands access to justice for

families fighting inheritance injustices. By examining biblical principles

of truthfulness and ethical behavior, Hackard provides practical strate-

gies to families and professionals for preventing and resolving inheri-

tance disputes, emphasizing the importance of communication,

transparency, and protecting family legacies. As an example, I have

seen the calming effect I can bring to contentious family dynamics

because I am an independent third party fiduciary with no involve-

ment in the family history or drama."

John DePiazza, Fiduciary, AD Fiduciary

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