Post reply

Re: Update on Lawsuit against RCI (by Beck):

In regard to soonn who posted Feb 26, 2009 07:10 PM, get the atty to petition the court for a Safe Harbor in regard to a class action lawsuit and the RCI clause. Safe Harbor is a legal petition to the court asking if the action (Class Action) can triger the RCI clause. If the judge rules the RCI clause is not legal or valid, or that a class action will not triger the RCI Clause, then you can proceed with the Class Action without concern of incurring the RCI legal costs.

I used Safe Harbor when contesting a trust. Since contesting a trust can cause you to be terminated as a beneficiary I petitioned the court under Safe Harbor to verify three actions would not cause me to be eliminated as a beneficiary. The court ruled two actions would not put my beneficiary status at risk and so I sued the trustee in regard to the two issues. Resolution of those actions resulted in rendering the third action uneccessary.