Top 5 Disputes Over Estate Planning
Estate planning is an important part of overall financial planning. It is the process of creating a plan that outlines how your assets will be distributed after your death. Estate planning is important to ensure that your assets are distributed according to your wishes and that your loved ones are taken care of after your passing. However, despite the importance of estate planning, disputes can arise over the distribution of assets.
A Decatur Estate Planning and Dispute Resolution Attorney from Turner Law can help you solve disagreements over elements of a last will and testament. Here are the top five disputes we encounter over estate planning.
Disputes Over Property Distribution
One of the most common disputes over estate planning is disputes over property distribution. This can happen when the deceased has not clearly specified how their assets should be distributed. When this happens, family members may disagree on how the assets should be divided. This can lead to a lot of tension and conflict within the family.
Disputes Involving Inheritance Rights and/or Benefits
Another common dispute over estate planning is disputes involving inheritance rights and/or benefits. This can happen when a family member feels that they have not received their fair share of the assets. This can be especially true when there are multiple beneficiaries involved. In this case, it is important to have a clearly defined plan that outlines how the assets will be distributed.
Disputes or Conflicts with the Executor or Administrator of the Estate
Another common dispute over estate planning is disputes or conflicts with the executor or administrator of the estate. This can happen when the executor or administrator is not fulfilling their duties properly. It is important to choose an executor or administrator who is trustworthy, honest and capable of handling the responsibilities of managing the estate.
Issues Surrounding Sudden Incapacitation or Disability
Another common issue that can lead to disputes over estate planning is issues surrounding sudden incapacitation or disability. This can happen when a family member becomes incapacitated or disabled and is unable to make decisions for themselves. Some family members of beneficiaries may question the validity of any bequests or arrangements due to incapacitation or suspect coercion. In this case, it is important to have a plan in place that outlines how decisions will be made and who will be responsible for making them.
Disputes Over the Validity of the Will
Disputes over the validity of the will can also occur. This can happen when a family member believes that the will is invalid or was created under duress. In this case, it is important to have a will that is legally valid and verify that it was created without any outside pressure.
GA Estate Planning Dispute Resolution Lawyers
Estate planning is an important part of overall financial planning. It is important to have a plan in place that outlines how your assets will be distributed after your death. However, disputes can arise over the distribution of assets. It is important to choose a trustworthy executor or administrator, have a clearly defined plan and ensure that your will is legally valid.
If you are experiencing a dispute over estate planning, seek advice and guidance from the experienced Dispute Resolution Lawyers at Turner Law. We can help settle matters and resolve disputes over estate planning or guardianship matters in Georgia.
Posted on the behalf of Turner Law, LLC
