Hi GregTtr! <img src="/ubbthreads/images/graemlins/smile.gif" alt="" />
Do you have the latest patch (1.34)? I seem to remember this issue is one it fixes in particular, including the recovery of lost points.
Also, you could use the save editor to move one of your purchased Resist Magic points into another skill so the extra point doesn't bug you.
There is an item editor out there, but I believe the link has died. I have an old copy of it (2.0b). I think there are newer versions since. If you post or PM someone your e-mail address, they could send it to you. It's only 110kb zipped.