The financial advisor borrowed money against my mother's life insurance policy. We had a lien on his home, now he wants us to sign Quit Claim Deed. My mom passed away 7 years ago. Her financial advisor had borrowed $20,000 against her life insurance policy and told her not to worry, her trust she had set up for us kids had a lien on his house so he assured her he was good for the money. When she passed away of course he didn't pay back the money and we were 3 or 4th in line if he ever sold the house. We paid a lawyer but weren't getting anywhere and had to pay crazy attorney fees. It was too stressful at the time to continue with a lawsuit so we let it go. Now the financial advisor is sending me, as trustee, a Quit Claim deed saying the statute of limitations is up and we need to release the lien against his house or he will sue the trust. There is nothing in the the trust and I don't know how these things work but I don't have the energy to battle the scum bag. I never cared about getting the money from him but that fact that he took advantage of my elderly mother just burns me up inside. I do want to report his actions and not have him come after me for defamation of character. Any advice would be greatly appreciated. This happened in Arizona and I think he is still practicing as a Financial Advisor and a Real Estate Agent.