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How can you resolve an inheritance dispute?

How can you resolve an inheritance dispute?

Even with proper estate planning, disagreements can occur. In these cases, follow these best practices: Hire a mediator This neutral third party can help family members productively work through differences and typically costs less than a legal battle. Liquidate all...

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How to avoid inheritance disputes

How to avoid inheritance disputes

Inheritance disputes can be time-consuming, expensive, and emotionally taxing on the surviving family. Fortunately, proper estate planning can help reduce and even prevent disputes from happening. How to avoid inheritance disputes Talk openly and honestly with family...

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6 big causes of inheritance disputes

6 big causes of inheritance disputes

Several factors can lead to inheritance disputes, including: When there’s an inequality in the will An inheritance dispute can occur if a family member wasn’t included in the will or felt another member was favored over the others. This often happens among siblings if...

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What are inheritance disputes?

What are inheritance disputes?

An inheritance dispute occurs when the beneficiaries of a will disagree about how the person’s estate should be divided. How long does an heir have to claim their inheritance? The executor or trustee of the estate is responsible for informing beneficiaries of their...

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How to get a will

How to get a will

In this section, we’ll cover everything you need to know about obtaining a living will yourself. Where can I get a will? Depending on the state of your affairs, you may decide to DIY it or hire an estate planning attorney. If you can DIY it, check with your state’s...

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When should I get a will?

When should I get a will?

The best answer to this question is “as soon as possible.” No one knows when their health could fail them and they could become incapacitated. For example, you could suffer an unexpected stroke or get in a car accident tomorrow. When it comes to important health...

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Living Will vs Last Will & Testament

Living Will vs Last Will & Testament

A living will is not the same thing as a last will & testament. Living wills refer to medical decisions while last will & testaments refer to the inheritors of your property. As you consider your estate planning, know that your health and assets should both be...

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Who should get a will?

Who should get a will?

Everyone should have a living will, no matter what their age. As you consider your estate planning, don’t neglect the medical portion of it. Most people are concerned with who will inherit their property when they pass, but don’t pay enough attention to their medical...

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What is a Living Will?

What is a Living Will?

A living will, a.k.a an advance directive or healthcare directive, is a legally-binding document that indicates which medical treatments and end of life care you prefer in the event you become incapacitated. This is especially important if you don’t have a durable...

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Can a Power of Attorney be overridden?

Can a Power of Attorney be overridden?

In some cases, a power of attorney can be revoked or overridden. This can be done to protect the person in situations where they’re being abused, neglected, or taken advantage of by their appointed agent. Court-appointed guardian A court-appointed guardian can request...

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