How to Respec Skill Points
This is a quick guide on how to respec all your skill points for any character without being flagged as a cheater.
This works by using a shared stash with Respec Potions
in it. Using this potion refunds all your skill points.
Step 1 - Backup Your Shared Stash
First thing you are going to want to do is backup your shared stash so you don't lose any items you have already have. Your stored stash is located in Documents\My Games\Runic Games\Torchlight 2\Save\(Different numbers for each person)\sharedstash.bin
You are going to want to copy this to somewhere also so you can restore it once you are done.
Step 2 - New Shared Stash
this shared stash and drop it in the same folder and overwrite. This shared stash is filled with Respec Potions!
Step 3 - Finish & Restore
Now you can log in with any characters you want and grab some of the potions. Once you have all the potions you want can close out the game and replace the shared stash with your original that you backed up!
Another method you can use is to enable console and spawn the Respec Potions
on another character then move them to your shared stash.
Step 1 - Enable Console
To enable console you need to edit the settings file located at Documents\My Games\Runic Games\Torchlight 2\Save\(Different numbers for each person)\settings.txt
Open settings.txt and change "CONSOLE :0" to "CONSOLE :1". You can now use console in-game by hitting the insert key (Ins).
Step 2 - Spawn The Potion
Now you will want to create a new charcter you don't want to play because spawning items will flag your character as a cheater. After you are on your dummy chacacter run to the first town with the shared stash in it. Open the console and type "item RespecPotion,1" and a respec potion will drop from your character. Now you can place it in your shared stash and swap to the character you want to use it on. Now you can respec without being flagged as a cheater!