Unsurprisingly, a person’s last will and testament can be a major source of conflict for any family, even if that family typically gets along well. There can be fights over who gets to keep money, houses, cars, and other valuables, of course, but also fights over precious heirlooms and other things that have emotional value, even if they aren’t worth much monetarily. Fortunately, there are things you can do when you’re writing your will to preempt these kinds of conflicts. Continue reading “Shortcutting Conflict in Your Will”
While some people are pleased with the way a decedent allocated assets to his or her beneficiaries, others may not be. However, just because a person was not given what he or she felt they were entitled to, does not necessarily provide them with the grounds necessary to challenge a decedent’s will. An individual must determine whether challenging a decedent’s will is both valid and will succeed in the eyes of the law because the process is timely and expensive. It is worth mentioning that a decedent has a right to allocate his or her assets or other meaningful possessions to those of their choosing. This includes leaving assets or large sums of money to a charity or other institution. However, this does not preclude a beneficiary or heir from challenging the decedent’s will.