Update. March 29, 2012

TEXARKANA – After four (4) years of extensive discovery, the Plaintiffs voluntarily filed a Motion to Dismiss their class action claims against CLA Estate Services, Inc., CLA USA, Inc. and other CLA Entities. On March 5, 2012, the Honorable Chief U.S. District Judge, P.K. Holmes, III, granted the Plaintiff’s Motion to Dismiss.

On December 19, 2007, James P. Birts, Nate S. Orben and Darlene M. Orben filed a class action suit in the Circuit Court of Miller County, Arkansas against several CLA companies, including CLA USA, Inc. and CLA Estate Services, Inc. This lawsuit was later removed to the United States District Court for the Western District of Arkansas – Texarkana Division.

The lawsuit makes several allegations regarding the business practices of CLA Estate Services and CLA USA. It is important to note that information outlined in a Complaint are merely allegations and have not been proven to be accurate or true. CLA Estate Services and CLA USA, along with the other named CLA entities and associated individuals, denied any wrongdoing and vigorously defended the allegations as being unfounded and inaccurate assertions as to their business practices.

After conducting extensive discovery, it was determined that the allegations set forth in the Complaint were not verified and without merit. For example, in his deposition, Mr. Birts was asked whether he was aware of the allegations set forth in the complaint, Mr. Birts indicated that he had not reviewed the complaint and was unsure what the allegations were. Mr. Birts provided no testimony to support the allegations. When asked whether he was satisfied with his overall estate planning, he stated that he was happy with it and was still using it. In September 2009, nearly two years after the lawsuit was filed, Mr. Birts signed a CLA annual review form indicating that he was satisfied with the services being provided by CLA.

The Orbens’ testimony revealed that they were also unsure about the allegations made against the CLA Defendants claiming that was the attorney’s job. When the Orbens were specifically asked about the CLA Defendants, they said that they had no idea why CLA was in the lawsuit and that they were unaware of any harm that CLA had caused them. The Orbens acknowledged in their depositions and in their verified admissions that they never actually had any business dealings with any of the CLA entities and had no idea who CLA was or why they were included in the lawsuit. On May 20, 2011, since the Orbens never had any business dealings with any CLA entity, the Orbens voluntarily dismissed their claims against the CLA entities.

In March, 2012, Mr. Birts, through his attorneys, voluntarily filed a Motion to Dismiss his claims. The Judge granted the Motion to Dismiss on March 5, 2012. This in effect ended the class action lawsuit against all the CLA entities.

When asked about this case, CLA’s founder, Charles Loper, stated: “It’s been a long four years navigating the complexity of the legal system to prove our innocence. It was eye-opening that anyone can say anything in a complaint based solely on assumptions and without any proof. But in the end, justice did prevail. We pride ourselves on providing excellent service to our clients and feel vindicated that this case was voluntarily dismissed without any finding of fault or settlement. It’s now time to move forward and continue to help our clients achieve their goals.”

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How CLA USA Financial Services Help Seniors Plan for the Future

By the time they reach retirement, most seniors have built a retirement fund that they hope will see them through retirement and allow them to relax and enjoy their lives. Most also intend to leave behind an estate that will provide for a surviving spouse and perhaps provide a legacy for children, grandchildren or other heirs. CLA USA financial services can help seniors reach those goals through a combination of conservative financial planning and wealth preservation strategies.

Founded in 1984, CLA has focused its business on working with the senior market since the very beginning. The company’s philosophy calls for conservative financial planning that helps seniors preserve assets for retirement and pass as much as possible on to their heirs. They accomplish this through a variety of financial products and tools that help seniors and retirees position their assets advantageously, minimize taxes on retirement benefits and wealth transfer, and maximize the percentage of your estate that is passed on to the next generation. These are just a few of the ways that CLA USA works with seniors to plan for the future.

CLA USA agents work with you to determine the best plan for you. Your retirement planning should take all of your assets and obligations into account. Unlike so-called “financial planning consultants” that ask you to trust them while they sell you high-profit financial products, CLA USA agents help you choose financial services that fit your needs and wishes.

CLA USA financial services agents have a proven track record. Since 1984, CLA has helped thousands of seniors secure a comfortable future and protect their families from expenses arising from unexpected illnesses and other misfortunes. Those years of experience provide valuable insights that combine with ongoing expertise and current knowledge to offer the best possible combination of experience and knowledge for all seniors.

CLA USA offers a range of conservative financial products to best suit the needs of seniors interested in maximizing their income from investments without endangering the nest egg they have accumulated over the years. From insurance-based annuities to long-term care insurance, CLA USA financial services are focused on wealth preservation and asset protection.

CLA USA deals with complaints and problems efficiently and effectively. In an industry that is notorious for complaints and charges of fraud, CLA USA is proud to hold an A+ rating with the Better Business Bureau in its home region and nearly every other region in which it conducts business. BBB’s high rating is based on the low number of complaints brought against the company and upon the company’s track record of settling all complaints promptly.

Whether your biggest concern is income for retirement or the need to preserve your assets for the next generation, CLA USA financial services should be a part of your long-term financial plan. For more information about CLA USA services, contact a CLA representative or agent in your area.

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CLA USA Financial Services Provides Strategies for Asset Protection

Developing a financial plan for your future requires a full view of your financial picture, including how your retirement assets work with one another. As you approach and enter your retirement years, it’s more important than ever to protect your assets and ensure that all your years of building for retirement don’t get swept away by the changing financial climate and misfortunes. For the professionals at CLA USA, financial services for seniors means adopting a conservative financial planning approach that protects assets, minimizes taxes and ensures a flow of income that will take care of your needs throughout your life.

CLA USA is a financial services company headquartered in Frisco, Texas and operating throughout the United States. The company is listed with an A+ rating with the Dallas Better Business Bureau, and has a long history of working with satisfied customers to ensure and secure their financial future through a range of CLA USA financial services and products. The services provided by CLA USA include retirement planning, asset protection, retirement income planning and insurance against unexpected circumstances.

Retirement Planning

Today’s retirees are living longer and fuller lives than ever. A senior who retires at age 65 will need to plan for a nest egg to last 25 to 30 years. Planning for your retirement requires a full assessment of all of your potential income sources for now and the future, both for yourself and for your spouse and family members. CLA USA financial services agents recommend that you work with a financial services professional to consider the best way to allocate your assets to suit your personal financial objectives and your situation. It may include assigning surviving spouse benefits properly and transferring your investments to more conservative, risk-free investments.

Retirement Income and Wealth Accumulation

Because retirees are living longer, traditional retirement plans and pensions may not be enough to ensure a comfortable retirement. Your retirement plan may need to include a growth component to ensure that your expenses don’t outpace your principal and you don’t outlive your nest egg. Using conservative financial planning strategies, you can include wealth accumulation and retirement income in your retirement plan to ensure that you’ll have the resources you need throughout your life and have enough remaining to leave a legacy to your heirs.

Asset Protection

Today’s life insurance options are designed to address more than one aim in one contract. CLA USA financial services include life insurance products that can help protect your wealth as well as providing emergency cash flow if you need it during your lifetime.

To learn more about potential retirement planning strategies, including ways to limit tax liabilities and protect your assets from the expenses of long term care, discuss your options with a CLA USA financial services representative to help you make the best choices possible.

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Financial Services for Seniors

Seniors in general don’t pay enough attention to estate planning, in large part because the typical retiree or about-to-be retiree doesn’t really understand the importance of asset protection and estate preservation. That’s why the senior financial planning services offered by companies like CLA USA are so important. While the company offers a number of financial planning products, the real value they provide goes much deeper. Every CLA USA financial services representative is versed about financial planning instruments as well as understanding the various tools available to help seniors preserve their assets and protect their estates from financial risk, taxes and other dangers. If you’re approaching or have reached retirement age, CLA USA can help you protect your nest egg so that it’s available for your needs throughout your life and ensure that your assets are distributed as desired after your death.

The Purpose of Seniors Estate Planning

One of the biggest reasons that few seniors take advantage of financial planning services is a basic misunderstanding of the purpose of senior estate planning. If you ask the average retired worker if he needs estate planning services, he’s likely to shrug and tell you he doesn’t have much of an estate to protect. The widely held misconception that estate planning is just for “rich folks” has the unfortunate effect of scaring off the people who could benefit most from working with financial planners to safeguard their assets for their retirement financial needs and plan an orderly distribution of them to their heirs and beneficiaries.

In a nutshell, a consultant in senior estate planning can help you determine whether you need financial planning services and how to best rearrange your assets so that you have the financial security to have the income you need and that your surviving spouse, children and other beneficiaries get the money and other assets that you intend for them to receive. If, for example, you have a disabled relative that counts on you for financial assistance, a financial services consultant from a company like CLA USA can tell you about the various ways to set aside money and assets to be used for their care when you’re no longer able to direct that care yourself.

CLA USA financial services include financial planning and protection tools such as annuities, life insurance, long term care insurance and other types of financial instruments that help protect your assets and estate. Planning ahead with CLA USA financial services will ensure that you have the resources you need for your care throughout your life.

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Protect Your Assets with CLA Financial Services

When you’ve worked hard all of your life to build up a nest egg for your retirement, the last thing you want is for it to disappear because of an illness or a need for long-term care. Without careful planning to position and protect your assets, though, that’s exactly the risk you take. You can mitigate that risk by working with a company like CLA USA to actively protect your nest egg and preserve your assets for your need. CLA’s financial services include education on asset preservation and asset financial advice to help you protect your wealth with conservative financial planning tools.

Why Asset Preservation Is Important

Over the past few years, most Americans have watched their retirement funds take a big hit as the turmoil in the financial industry upset apple carts and nest eggs alike. If your assets were held in many traditional investment vehicles such as mutual funds, you probably watched your planned income lose value on an almost daily basis.

The vicissitudes of the markets are only one of the dangers confronting your retirement assets, though. According to American Elder Care Research, one in three American seniors will eventually enter a nursing home or other long-term care facility. The average cost of long term care for seniors can be over $75,000 a year – and if you thought that Medicare would protect you from those costs, you have another think coming. In most circumstances, Medicare doesn’t cover assisted living services and only pays for a small percentage of nursing home care expenses. The average middle income family who has not planned ahead for the possibility of long term care expenses can find their retirement nest egg rapidly dwindling when it becomes a reality.

Catastrophic illnesses can likewise drain retirement accounts and deplete those assets you planned on using for your retirement or that you counted on handing down to your spouse or children. Many seniors who face serious illnesses end up using their homes as collateral. Medical expenses are one of the common reasons for bankruptcy filings at all ages.

All of these losses can be mitigated, if not entirely prevented, by careful financial planning designed to protect your estate, including your home, your most important asset. Financial advice from qualified consultants can help you understand the various tools that exist to help you preserve the nest egg you’ve built up and protect your assets for your own use and for your family.

CLA USA focuses on conservative financial planning strategies that are designed to protect the value you’ve built over the years. You’ve spent years building your nest egg for your retirement. CLA USA can help ensure that your nest egg will be there when you need it.

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CLA USA Financial Services Provide Peace of Mind

Are you prepared for the future? Will your family benefit from all your years of hard work, investing and saving? CLA USA, a financial services company that specializes in seniors’ estate planning, believes that you deserve the peace of mind of knowing that you and your family will benefit from all the years you’ve put into building your nest egg and estate. For over 20 years, CLA has been helping seniors build, preserve and protect their assets so that they and their heirs will receive the maximum benefit from them.

CLA USA is headquartered in Frisco, Texas, where the company is proud to hold an A+ rating with the local Better Business Bureau. It operates throughout the country with agents in many cities in nearly every state, and notes that the A+ rating enjoyed by its headquarters is echoed in local BBB’s throughout the country. That’s because the mission of CLA USA remains the same, no matter where each individual agent operates – to provide seniors with peace of mind from generation to generation.

CLA USA agents believe that estate planning and retirement planning go hand in hand, and that conservative financial planning is the key element for retirement planning for seniors. Reducing risk and maximizing benefit is not just important for retirees, it’s essential. Losses close to retirement or during retirement years can have a devastating effect on your standard of life, so strategies that are appropriate for individuals in their 30s and 40s can be far too risky for those who have reached retirement age.

That’s why CLA USA agents specialize in the kind of conservative financial planning products that are most appropriate and secure for retirees. The products offered by CLA USA are aimed at protecting and positioning assets to provide maximum income at minimum risk, and protect assets that seniors intend to pass on to the next generation.

CLA USA helps seniors find secure, stable investments and protect their estates from taxes and other factors that can shrink the assets they had planned to pass on to the next generation. Their agents provide financial planning tools that help ensure a comfortable retirement that doesn’t unduly deplete the principal of their investments and retirement accounts.

CLA USA financial services may include strategic IRA planning and positioning, legacy IRA, IRA ROTH conversions, strategies for reducing taxes on Social Security, federal estate tax planning, planning for catastrophic illnesses and long term care insurance, surviving spouse benefits, wealth and estate preservation and income-generating investments with market-indexed returns. Because every individual situation is different, CLA USA agents always advise clients to discuss their plans fully with their own tax attorneys and accountants.

After a lifetime of hard work and planning, you deserve the peace of mind of knowing that you and your family will be financially protected throughout your life and beyond. For more information about financial planning services and seniors’ estate planning, contact a CLA USA agent in your city or region.

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CLA USA Helps Seniors with Seniors Estate Planning

For seniors, estate planning is a subject that can raise a lot of uncomfortable feelings. CLA USA agents understand those feelings, but also understand how important planning can be for both the individual and the individual’s family. A well-planned estate can ensure that you have all the assets you need to live out your life comfortably, while protecting the assets you intend to pass on to the next generation. In short, there’s far more to senior estate planning than writing a will and setting up a retirement fund. CLA USA agents specialize in explaining and providing the many conservative financial planning tools and products that are available to help seniors put together a comprehensive estate plan. Agents with CLA USA will even work with your tax professionals and attorneys to ensure that every aspect of your financial plan serves your needs properly.

At CLA USA, seniors estate planning can encompass any of the following important aspects.

Income Generation

CLA USA focuses on conservative financial planning tools and investments to protect your wealth during market corrections and downturns. For seniors, asset protection is often more important than income generation, but there are income-generating investments that can fit into your future financial plans.

Asset Protection

The uncertain markets over the past several years have driven home the point that no investment is ever completely safe, but there are financial products and tools that are safer than others. A well-conceived seniors estate plan will include strategic asset allocation that protects your wealth from erosion and helps you preserve your assets for your own use and to pass the remainder to your heirs.

Seniors Estate Planning

Without a properly structured estate plan, your loved ones and heirs may not receive the assets and legacy that you intend for them to have. Planning your estate while you’re still alive can ensure that your belongings are distributed according to your wishes and reduce the stresses on your family and loved ones after your death. It’s important to work with senior estate planning professionals who stay current with the frequent changes in estate planning to ensure that you get the most up-to-date advice and information.

Retirement and Income Planning

Today’s seniors aren’t entering their golden years with the prospect of living another five or ten years after retirement. With the advances in medicine and the focus on health, many retirees will enjoy 25 years or more of retirement. That means that your retirement nest egg has to stretch twice as long as you expected. An experienced financial planner can help you position your assets and choose financial tools to provide lifetime income from your retirement nest egg.

Tax Planning

Taxes can take an unexpectedly large bit out of your estate and wear away at your retirement income. Tax planning is a vital part of both retirement planning and seniors estate planning. It can take the form of tax-deferred vehicles, special insurance trusts and other strategies to ensure that your heirs receive as much of your estate as possible.

Insurance Products

Life insurance, long term care insurance and other types of insurance can ensure that you are properly cared for throughout your life and that your family is properly cared for when you aren’t there to make the decisions for them. From choosing the proper beneficiaries for life insurance plans and retirement plans – including surviving spouse benefits from your military and other pension plans – to providing for your expenses in the event that you need long-term care in your older years, insurance has an important role in senior estate planning.

CLA USA is a financial services company headquartered in Frisco, Texas. For over 20 years, CLA services have focused on assisting seniors with estate planning and asset management for retirement. The company is highly regarded, and holds an A+ rating from the Dallas Texas Better Business Bureau, as well as comparable ratings in other cities where CLA USA does business. For more information about conservative financial planning and senior estate planning, contact a CLA USA agent to schedule a consultation to learn more.

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Estate Planning with CLA USA Helps Seniors Secure the Future

A recent MSN Money article discussed the five biggest threats to retirement dreams. Not to surprisingly, considering the source of the article, four of the five involve money – having enough money, planning money wisely and the lack of seniors estate planning are all among the top five threats to a comfortable, secure retirement. None of the information in the article is surprising for the agents who work for CLA USA, who deal with seniors and retirees estate planning concerns every day. CLA USA financial services, in fact, can help secure the future and reduce the risk of four of the five major threats to your dream retirement.

This year – and every year for the foreseeable future – approximately 77 million people will reach retirement age. The television commercials for retirement products, financial planners and investment planners make retirement look worry-free and appealing, but living that dream of a retirement life requires more than just retirement planning. It requires regular adjustments to your retirement planning and estate plan to make sure that it still suits your needs and will protect you and your assets for the rest of your life. Here are the five threats that the MSN Money article highlighted, and how CLA USA financial services can help you deal with each of them.


Your 401K, IRA or other pension plan gives you a head start on financing your retirement, but it’s important to keep on top of those investments and make sure that they continue to serve your needs. Review your personal situation as you approach retirement to figure out where you stand and how your investments are serving you now. The aggressive financial investment strategies that are appropriate for building your retirement fund during younger years may be too risky as you approach and enter retirement. CLA USA specializes in conservative financial planning strategies that are designed to preserve your assets and keep them growing at a steady, reliable pace.


Your health can have an impact on your experiences and finances during and throughout your retirement years. The right health insurance products, including long term care insurance and catastrophic illness insurance, can help you weather unexpected illnesses without depleting your savings and nest egg. Those insurance products will not only help preserve your savings – they can help you heal faster by allowing you to focus on your health rather than worrying about how to pay the bills. Investing in the right insurance can also ensure that you and your loved ones have access to needed treatment and care without the risk of bankrupting yourself or spending the estate you’d planned to pass on to the next generation.

Your Home

For many seniors, their estate is intrinsically entangled with their home, property or house. Taking the time to create an estate plan and financial plan can help you preserve your family home and ensure that it is transferred to the next generation if that’s your wish. CLA USA estate agents can help with estate planning tools and instruments that take your family home into account and your assets are arranged to protect it.

Your Time

While CLA USA financial services can’t help you with your time management or help you arrange your time to stay involved in your local community, knowing that your financial house is in order can provide you with the peace of mind you need to enjoy your retirement.

Seniors Estate Planning

Seniors estate planning is a CLA USA specialty. Working with CLA USA, you can arrange all of your assets and set up your estate to ensure that your assets are protected from estate taxes and fees after your death, and provide for an orderly transfer of assets to your heirs. Knowing that your family will not have to deal with uncertainties and unexpected delays and complications after your death can make your retirement more enjoyable and carefree.

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Five Reasons to Call CLA USA About Estate Planning

Have you thought about what will happen to your house, bank accounts and other assets when you die? If you’re like most people, you may have thought about it vaguely. You may even have written a will to designate heirs for your estate, but chances are that you haven’t thought much about estate planning beyond that. CLA USA, a financial services company that focuses on estate planning, asset protection and financial stability for older adults, believes that more adults need to have conversations about senior estate planning and asset preservation. According to the company, anyone who will be leaving any assets to a surviving spouse, children, grandchildren or any other heirs should take a serious look at how retirement income, taxes, fees and other expenses might affect the estate they plan to leave to their heirs. If you’ve never thought about estate planning, there are some very good reasons why you should have a serious conversation with a CLA USA professional about ways to position your assets so that they’ll be there for your entire life and beyond.

Conservative Financial Planning for Retirement
Retirement planning is the first important part of estate planning. The first priority in any type of financial planning is to ensure that your assets will last throughout your retirement and cover all of your needs as you grow older. CLA USA offers services and financial products that can help ensure a positive income stream throughout your life, as well as insurance and other financial tools to protect your assets against the unexpected expenses of long-term care or catastrophic illness.

Surviving Spouse Benefits
Will your spouse have the income he or she needs after you pass on? There are many ways to ensure that your assets will be immediately available to your spouse and other heirs, and CLA USA agents are versed at explaining the various options so that you can make your own informed decisions about your finances and your estate. Because estate matters can be complex, CLA USA agents also encourage all clients to consult their own tax attorneys and accountants and will cooperate in every way to make it easier to get good advice about your estate plan.

Taxes on Retirement Income
Income from social security is seldom enough to live on comfortably, but if you’ve had the foresight to make successful investments to bring in income throughout your retirement, you may end up owing taxes on your retirement benefits. CLA USA can help you position your assets in a way that reduces or even eliminates your tax liability on Social Security and other retirement benefits.

Medical Expenses
Today’s retirees are living longer than ever. The expenses for long term care and unexpected medical expenses arising from catastrophic illness can wreak havoc on your retirement plans. Careful, conservative financial planning can help you reduce the impact of those unexpected expenses on your estate. CLA USA offers options that include long term care and catastrophic illness insurance that can help preserve the nest egg you built and ensures that your medical and care expenses are met responsibly, without placing an undue burden on your family.

In addition, CLA USA offers a full range of estate preservation strategies and tools that can help you reposition your assets and arrange for transfer of your assets to your heirs in ways that reduce tax liabilities and maximize the benefits your heirs receive.

For over 20 years, CLA USA has focused on providing senior estate planning and conservative financial planning for seniors and older adults. The Dallas Better Business Bureau recognizes the company’s reputation for excellent service by awarding an A+ rating to CLA USA.

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Let CLA USA Help You Plan for the Future

Today’s uncertain financial markets have hit everyone hard, but they’ve taken an especially severe toll on seniors and those approaching retirement. Retirees who built retirement funds over the course of their working lives have watched those funds shrink drastically, leaving them in doubt about the security of their future. CLA USA, a financial services company headquartered in Frisco, Texas, understands those uncertainties in a way that few other companies do. For over 20 years, CLA USA has been providing financial planning tools and services for seniors who want to preserve their assets and protect their estates.

CLA USA specializes in conservative financial planning that’s most appropriate for older adults whose focus should be on preserving wealth and generating a moderate stream of income through safe investments. The company’s agents understand that the uncertainties of today’s markets can be difficult, and that the range of financial instruments and services for wealth and asset preservation can be confusing to most adults. That’s why every agent is trained to present the varied options in clear, easy-to-understand terms that make it easier for people to make their own decisions about their financial futures.
The company provides a wide range of services and financial products, including deferred annuities and life insurance policies that pay surviving spouse benefits and various insurance products that can provide income and protect against unexpected expenses such as long term care costs and the expense of dealing with catastrophic illnesses.

CLA USA is uniquely positioned to serve seniors. In more than 20 years of providing financial services and assistance to seniors, the company has earned the kind of reputation that most companies would envy. In its home region, CLA USA holds an A+ rating from the Dallas Better Business Bureau, a rating that is echoed by numerous other BBB branches around the country where CLA USA operates. The rating is based on the low number of CLA USA complaints, and on the company’s history of complaint resolution which is miles above that of other agencies that operate in the same financial sector.

The company’s agents are trained to help seniors take a realistic look at their current financial situation, evaluate vulnerabilities and needs and device a financial strategy that will be most advantageous to the client. Because they frequently work with seniors who have spent their lives working and have little experience with the various laws, regulations and instruments surrounding income, taxes and transfer of assets, CLA USA agents make it a point to help older adults understand how various financial options will affect their estates. They focus on positive, conservative financial solutions that preserve wealth while maintaining access to assets. The company focuses on educating seniors about the many hidden benefits of senior estate planning and asset transfers provided in the current tax laws.

If you’re facing retirement in these unsettling financial times, it’s vital to make sure that your nest egg is protected. CLA USA is one of the few companies in the country that focuses exclusively on assisting you in planning for the future, through retirement and beyond.

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