Your parents had a life insurance policy, and they counted it as a major part of their estate. When they passed away, though, you found that the designation was not what you’d expected. You’re not named and you’ll get nothing. Can you dispute this? In some cases,...
An estimated 60% of the American population is aware of the need to have a will in place, yet research shows that only 40% have drafted one. One of the main reasons Americans don't have wills is that they are misinformed about what happens if they don't have one....
People often update their will throughout their life. When a family member dies, you would expect to distribute their estate according to the most recent version of their will. However, this may be inappropriate. There are times that a loved one's most recent will...
If you’re working on your will now, something you may want to do is to prevent a will contest. If you have several beneficiaries and know that conflicts might arise, you should talk to your attorney about different options for limiting their right to contest your...
You’ve seen your parents’ will. You believe it is fair and accurate. That doesn’t stop you from having some concerns, though. When your parents pass away, is your sibling going to challenge that will? Heirs do have a right to challenge a will First and foremost, you...
Most adults understand the importance of drafting a will. It allows them to have a say in deciding what will happen with their property once they pass away. What many people may not realize is that not just anyone can draft this legal document. There are certain...
If you are left dissatisfied by what is revealed in a family member’s will, you may be considering whether to file a challenge. While reports suggest that will contests are on the increase, it is never something you can take lightly. What are the negatives to a will...
Your parents were never big spenders. Despite earning well, they lived in a modest house, drove an old car and preferred to cook at home rather than eat out. When your father died, you tried to tempt your mother to spend some of her money on seeing the world. Yet, she...
Suddenly finding out that you were left out of a loved one’s estate plan can throw shockwaves throughout your life. There’s the emotional pain associated with the thought of your loved one intentionally leaving you out of their will or trust, but there might also be...
Losing a loved one is never easy. The emotional turmoil it can cause in more than enough to contend with, but the aftermath of a loved one’s passing can become much more complicated when issues arise with their estate plan. A will may appear to have been the product...
